How Much Money Do You Need To Live Comfortably In Every State Americans have a specific annual income in mind for what it would take to feel financially secure, according to a new survey from bankrate. the magic number? $186,000 per year. currently, only 6%. Here’s the breakdown of the results, based on the amounts survey respondents selected: nearly 75% of respondents say they need $100,000 or more to feel financially comfortable, with 20%.
How Much Money Do Americans Need To Be Comfortable Youtube Perhaps echoing themes of lifestyle inflation, the more money americans make, the more they feel they need to earn to be financially secure or comfortable: under $50,000: $157,000; between $50,000. Here’s the income it takes to live comfortably in each u.s. state – 2024 study. smartasset applied the 50 30 20 budget to cost data in each state to determine the income a single adult and family need to live comfortably. Younger generations responded to the survey saying they need to make more money to feel comfortable. generation z and millennials had the highest average perceived income needs at $200,000 and. More than 2,500 us adults said they would need to earn, on average, $233,000 a year to feel financially secure and $483,000 annually to feel rich or to attain financial freedom, according to a new.
Comments are closed.