According to recent surveys, approximately 36% of Americans earning at least $250,000 a year claim that they are living paycheck to paycheck. This finding highlights how rising inflation is impacting households across the spectrum throughout the country. However, it’s essential to consider the nuances: some high earners may allocate disposable income toward retirement savings or college funds, which might not necessarily qualify as “living paycheck to paycheck.” Additionally, distinctions between gross pay and net pay, especially in high-cost markets, can affect the perception of financial stability
JUST IN: More than a third of Americans earning at least $250,000 annually say they are living paycheck to paycheck, per Bloomberg.
— unusual_whales (@unusual_whales) June 24, 2024
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