More Than 1 In 3 Americans Earning $300K Live Paycheck To Paycheck

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High-income respondents who reported living paycheck to paycheck said they are struggling to save and make progress toward long-term financial goals.

by Sidnee Michelle

More than one-third of Americans earning over $300,000 a year say they are living paycheck to paycheck, showing that financial pressure is reaching even some of the nation’s highest earners, Barron’s reports.

The finding comes from research by Goldman Sachs examining the financial challenges workers face while preparing for retirement, according to the outlet. High-income respondents who reported living paycheck to paycheck said they were struggling to save and make progress toward long-term financial goals.
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