TheStreet (Nasdaq: TST), a leading digital financial media company, announced today the results of a nationwide survey on the new “American Dream,” revealing that just having enough money for/in retirement now trumps home ownership as the top financial goal of U.S. adults.

MainStreet, the personal finance and lifestyle site owned by TheStreet, teamed up with the National Endowment for Financial Education to design the online survey, which was conducted by Harris Interactive from June 28-30 among 2,257 U.S. adults ages 18 and older.

Almost half, or 47% of American adults, identified having enough money to retire or during retirement as their top financial goal. Home ownership, the traditional cornerstone of the American Dream, was called a top financial goal by only 17% of American adults.

When asked to think about their own financial situation, 57% of American adults agreed that they felt they were achieving their idea of the American Dream. The survey found that men are significantly more likely than women to feel that they are achieving the American Dream, with 62% agreeing versus 53% of women.

A large majority – 70% – of American adults identified their inability to save as a significant obstacle to achieving the American Dream, and 54% cited their ability to manage debt as a significant obstacle.

Regional variations were revealed on the notion of an inability to save affecting achievement of the American Dream, with Northeastern and Western states showing the most concern (73% of U.S. adults in both regions saying saving is the biggest obstacle to achieving the American Dream). That compares with 69% in Southeastern states and 66% in Central and Midwestern states.

Other top financial goals cited by U.S. adults included:

5% -- Retiring early

5% -- Paying for my children’s education

4% -- Paying off my college loans

4% -- Having money to invest

3% -- Starting my own business

3% -- Owning a car

The survey found that 6% of American adults feel that there are no important financial goals they'd like to achieve.

Note to editors: A graphic presentation of the survey results is available online at:

Survey Methodology

This survey was conducted online within the United States by Harris Interactive on behalf of the National Endowment for Financial Education from June 28-30, 2011 among 2,257 U.S. adults ages 18 and older. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact the author at

About MainStreet

MainStreet provides personal finance tips and advice to help consumers grow their wealth and enhance their lives. By combining lifestyle news, commentary and financial resources, MainStreet is an engaging and fun site "where life and money intersect."

About TheStreet

TheStreet, Inc. is a leading digital financial media company that distributes its content through online, social media, tablet and mobile channels. The Company's network of brands include: TheStreet, RealMoney Silver, Stockpickr, Action Alerts PLUS, Options Profits, ETF Profits, MainStreet and Rate-Watch. For more information on TheStreet's business, visit For financial and business news, actionable trading ideas, stock quotes and more, visit via your web browser, follow TheStreet on Facebook and Twitter, visit from your mobile device and access TheStreet through all major tablet platforms.

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