Nonrandom Thoughts on Retirement – Nov. 2024 (scary chart too)

Americans are split over the state of the American dreamhttps://www.pewresearch.org/short-reads/2024/07/02/americans-are-split-over-the-state-of-the-american-dream/

Are you familiar with the self-fulfilling prophecy in psychology/sociology? Simply stated a self-fulfilling prophecy occurs when what you believe about your future causes it to happen. When you believe something will become true, you’ll act to make it a reality. Look at the chart above. Looks like around 50% of the survey respondents under the age of 50 will never achieve their American Dream.

They will make choices and act in ways to ensure they will never achieve the American Dream.

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