Rumors of the American dream being dead have been greatly exaggerated.
To that point, 63 percent of Americans believe they are living the American dream, according to a recent report, up from 59 percent in 2011.
More Americans also credit determination and hard work as the most important success factors in their financial well-being than in the report's recent history. The Allstate/National Journal Heartland Monitor poll reprise the same questions each year to compare sentiment now to sentiment during and after the Great Recession.
"When it comes to getting ahead, more people than ever think it's their own talents and hard work," noted Joseph McMahon, the poll's lead researcher. "There's a belief it's on you as an individual to make it happen."