Four in 10 workers earning more than $500,000 a year are living paycheck to paycheck—and ‘lifestyle inflation’ is keeping them broke
About 41% of American workers earning between $300,001 and $500,000—and 40% of those making over $500,000—say they’re living paycheck to paycheck, according to a new report from Goldman Sachs. Perhaps surprisingly, those reeling in smaller salaries are faring a bit better: only around 16% of those earning $200,001 and $300,000 are struggling to make ends … Read more