Increased Number of Americans Living Paycheck to Paycheck

Many Americans, especially younger workers, struggle to save for retirement, with 42% living paycheck to paycheck and lacking spare savings after essential expenses, as reported by Goldman Sachs. The shift from pensions to 401(k) plans has placed the burden of retirement savings on individuals, exacerbating financial pressures amidst rising costs of living.

Want More Context? 🔎