More than 1 in 3 Americans Making over $300,000 Say They Are Living Paycheck to Paycheck

More than 1 in 3 Americans making over $300,000 say they are living paycheck to paycheck

The affordability crisis puts a huge strain on Americans making the least, but apparently everyone is feeling it. More than a third of people earning under $100,000 a year or over $300,000 a year say they live paycheck to paycheck, according to a new report on retirement trends from Goldman Sachs. For those making less than $100,000, the share of people struggling to save is 42%, while 36% of their well-compensated counterparts above the $300,00…

You're more likely to live paycheck to paycheck if you earn less than $50k—or more than $500k, finds Goldman Sachs

Lower-income individuals are struggling with day-to-day expenses, while higher-earners were dealing with costs like caregiving and housing.

Even some high earners face financial strain in saving for retirement: Goldman

Thirty-seven percent of those making more than $500,000 live paycheck to paycheck, Goldman Sachs found, making this a problem for more than just lower- income workers.