Reported about 1 month ago
Many Americans equate financial security with having a high income, estimating it takes around $186,000 annually to feel secure. However, most households earn significantly less, with median incomes ranging between $51,500 and $86,000. Despite economic growth, a substantial portion of the population still reports feeling financially insecure. Key indicators of financial security include a solid emergency fund, active retirement savings, and manageable debt. Achieving financial security requires strategic planning and lifestyle adjustments, with the possibility of seeking guidance from financial advisors.
Source: YAHOO