One in three six-figure earners described themselves in the poll as financially distressed.
I know two different six-figure earning households that are also supporting their unemployed/underemployed adult children. I’m not calling the kids lazy either. Unemployment/underemployment is hitting GenZ really hard and that means many are not able finance their own households so they live with parents.
One of those two was also supporting an aging parent until she passed recently. So, sure, they earn six-figures, but they support 3 generations on that income.
Two in three said six-figure pay is not a sign of wealth.
Not a sign of wealth, but is still a sign of privilege. Lots of folks are suffering worse with far less than $100k annual household income.
I know two different six-figure earning households that are also supporting their unemployed/underemployed adult children. I’m not calling the kids lazy either. Unemployment/underemployment is hitting GenZ really hard and that means many are not able finance their own households so they live with parents.
One of those two was also supporting an aging parent until she passed recently. So, sure, they earn six-figures, but they support 3 generations on that income.
Not a sign of wealth, but is still a sign of privilege. Lots of folks are suffering worse with far less than $100k annual household income.