3 in 4 Americans Say They’re Not Financially Secure, New Report Shows

According to a new Bankrate report, three in four Americans say they are not financially secure, and feel they need to make more money to attain an acceptable level of financial security. In the study by YouGov, Americans said they needed to make $186,000 on average to feel financially secure—more than twice the $79,209 the Census Bureau reported the average full-time worker made in 2022. Of the 75 percent who said they weren’t financially secure, 45 percent said they believed they would reach financial security one day, while 30 percent said they never expect to be financially secure. The report said that older generations believed themselves less financially secure than younger generations....