Millennials Put Their Stamp on the American Dream
Every generation puts its stamp on the American Dream. But none have re-engineered the term quite like Millennials, who mostly want to travel and not work slavishly for the man.
In a new poll, 38% of Millennials say travel is part of the American Dream, exceeding the 28% who name secure retirement. They identify the dream of home ownership at a far lower rate than Gen X and baby boomers. Meanwhile, 26% of Millennials cite self-employment as part of the dream—more than Gen X (23%) and older boomers (16%), according to MassMutual’s third biennial study The 2013 State of the American Family.
As a group, Millennials prize job mobility, flexible schedules, any work that is more interesting than punching a keyboard, and the ability to travel and be with friends. Millennials (11%) are far more likely than boomers (3%) to identify close friends as part of their family.