2022 Bankrate survey reveals Americans believe $186,000 annual income is needed for financial security, down 20% from last year's $233,000.
Americans believe they need to earn $186,000 annually to feel financially secure, according to a new survey from Bankrate. This figure has fallen 20% from last year, when respondents said they needed $233,000 to feel secure. The current median family income falls between $51,500 and $86,000, making it difficult for many Americans to achieve their financial goals amidst rising inflation.
July 01, 2024
4 Articles