Today: Friday, 29 September 2023 year

Most Americans don’t feel financially secure, the survey found.

The majority of Americans surveyed (72%) do not feel financially secure, while a significant part of US residents blame inflation and the general state of the economy for this, researchers from the American financial company Bankrate concluded following the results of the survey.

During the survey, 72% of respondents answered that they do not consider themselves fully financially secure. Among them, 26% think that they will never be provided for. Only 28% of respondents say they feel financially secure.


Among the reasons for this situation, 63% of Americans say that inflation robs them of financial confidence, 48% blame the economic environment in the US, and 41% see the problem in the lack of retirement savings.


Americans surveyed said they need to earn about $233,000 a year to achieve financial security, and about $483,000 a year to feel rich.

The survey was conducted from 5 to 7 June 2023. It was attended by 2521 US citizens. Data on statistical error are not given.