Though seven in 10 Americans say they would be happier with more money, few are willing to trade off time with family and loved ones, even in exchange for a 50 percent pay raise.
These are among the key findings of the new Keep Good Going Report from New York Life Insurance Company. The study of more than 2,000 Americans explores how people rate themselves in four key areas of their lives: family, personal life, work and community.
More than 9 in 10 Americans state that living a good life would be easier if they didn’t have to worry about bills. Similarly large majorities of those polled say life would be easier if they were able to be financially self-sufficient in retirement (89 percent), and could protect their family financially against life’s uncertainties (89 percent).
Perhaps because of their unwillingness to trade time with family, respondents indicate they are doing better in terms of having a loving relationship with their children than in other areas of family life—the equivalent of a “B+”.