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More Americans are living paycheck to paycheck, putting retirement out of reach, report finds
Rising costs of housing and health care consume more income, leaving 42% of younger workers with no spare savings after expenses, Goldman Sachs reports.
Summary by CBS News
2 Articles
2 Articles
More Gen X, Millennials, And Gen Z Living Paycheck To Paycheck
Source: Deagreez / Getty A new study from Goldman Sachs found that a growing number of Gen X, millennial, and Gen Z workers are living paycheck to paycheck. According to CBS News, about 42% of workers across Gen X through Gen Z have no savings after covering their basic living expenses. This is a significant increase from 1997, when only 31% of workers reported living paycheck to paycheck. Goldman Sachs interviewed 3,600 workers and 1,5000 reti…
·New York, United States
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Coverage Details
Total News Sources2
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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