Americans' Financial Comfort: The Price Tag.

1 min read
Source: CNBC
Americans' Financial Comfort: The Price Tag.
Photo: CNBC
TL;DR Summary

According to the CNBC Your Money Financial Confidence Survey, 1 in 5 Americans say they need $1 million to feel "financially comfortable." Nearly 75% of respondents say they need $100,000 or more, with the majority steady across all income levels. Rising costs have left Americans struggling to keep up, with credit card debt hitting an all-time high and more people finding it difficult to pay their bills. Financial vulnerability is felt across income levels, with a majority of Americans earning less than $100,000 saying they live paycheck to paycheck. Additionally, 53% of survey respondents say they don't have any emergency savings.

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