Living the American Dreams Requires a $500K Annual Income

Protesters Demonstrate Against Gov't Bailouts On Wall Street

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A new study claims the American dream still exists -- if you make at least $500,000 a year.

Conducted by Harvard's T.H. Chan School of Public Health, the study reveals three quarters of the top one percent of income earners believe they've achieved the American dream by living a "dramatically different life" than are middle- and low-income Americans.

The gulf between the country's highest earners and everyone else is the widest it's been in at least 50 years, according to U.S. Census Data

On the opposite side of the coin, the study reveals about three in 10 lower-income residents, meaning they earn less than $35,000 a year, and one in 10 middle-income respondents, who make up to $99,999 a year, say they've had trouble affording food and prescription medicine in the past year. "Sizable shares of middle- and lower-income adults say they have recently experience serious problems paying prescription drug costs," the study claims. "They did not fill a prescription because of costs, or they cut back on dosage."

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