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Is a 6-figure paycheck needed for financial security? More than a quarter of adults say yes.

  • A Bankrate survey revealed that 77% of U.S. adults do not feel financially secure, with more than a quarter of respondents stating they would need to earn $150,000 or more per year to feel financially comfortable.
  • Inflation has impacted purchasing power, with a $100,000 salary in January 2020 having the same buying power as $124,353 in April 2024, according to data from the Bureau of Labor Statistics.
  • Many respondents expressed pessimism about their financial futures, with nearly one-third believing they would never be financially secure. Different generations and genders showed varying levels of financial security concerns.
  • Overall, financial stress is prevalent among U.S. workers, with many living paycheck to paycheck. While base pay remains crucial, factors like job security, equity, and financial well-being are increasingly important in job offers.

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