Even six-figure earners are living paycheck to paycheck as prices soar — why a high income doesn’t cut it anymore

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(1) A quarter of workers earning more than $100,000 a year say they’re living paycheck to paycheck, and surprisingly, that percentage jumps significantly — to 41% — for those making between $300,000 and $500,000, and to 40% for those making more than $500,000.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howI’m almost 50 and have nothing saved for retirement — what now? Don't panic. These 6 easy steps can help you turn things aroundDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAP“A meaningful share of higher earners also report living paycheck to paycheck or making only limited progress toward long-term financial goals, underscoring that elevated expenses, debt burdens, and lifestyle inflation can erode savings capacity across the income spectrum,” the report’s authors write.That might sound absurd until you consider how much life now costs. Goldman warns that even high earners are trapped in a “financial vortex,” where housing, child care, and health care swallow a rising share of take-home pay. The firm predicts that by 2033, 55% of U.S. workers will be living paycheck to paycheck.Here’s what’s behind this surprising statistic, and what people can do to start living within their means.Money, for many high earners, has become less about security and more about signaling. Economists call it “social comparison,” the quiet pressure to keep pace with peers whose lifestyles broadcast success on Instagram or in the school pickup line. (2) That pressure doesn’t fade with income, but tends to scale up.It’s also easier than ever to lose track of what’s real. Easy credit, buy-now-pay-later platforms, and same-day delivery all flatten the sense of cost, making spending frictionless. Goldman’s data suggests high earners are especially vulnerable to a kind of invisible debt build-up because they can qualify for more credit and carry it longer without noticing.“The impact on retirement saving may be lower contribution rates, increased likelihood of pauses or loans, and delayed retirement timelines,” the report said. “Importantly, these effects may be broadly felt, regardless of income level.”Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,851.97 +11.77 (+0.17%)Dow 3047,336.68 -226.19 (-0.48%)Nasdaq23,834.72 +109.77 (+0.46%)Russell 20002,471.24 -8.14 (-0.33%)VIX17.17 -0.27 (-1.55%)Gold4,013.70 +17.20 (+0.43%)PortfolioSign in to access your portfolioSign inTop gainersCIFR Cipher Mining Inc. 22.76 +4.11 (+22.04%)AMKR Amkor Technology, Inc. 37.84 +5.56 (+17.22%)LUMN Lumen Technologies, Inc. 11.83 +1.55 (+15.08%)IDXX IDEXX Laboratories, Inc. 722.94 +93.43 (+14.84%)FRPT Freshpet, Inc. 56.25 +7.04 (+14.31%)Top losersQURE uniQure N.V. 34.29 -33.40 (-49.34%)RGC Regencell Bioscience Holdings Limited 13.56 -3.09 (-18.56%)KMB Kimberly-Clark Corporation 102.27 -17.44 (-14.57%)UUUU Energy Fuels Inc. 17.80 -2.71 (-13.21%)QS QuantumScape Corporation 16.21 -2.23 (-12.09%)Most activeKVUE Kenvue Inc. 16.14 +1.77 (+12.32%)NVDA NVIDIA Corporation 206.88 +4.39 (+2.17%)CIFR Cipher Mining Inc. 22.76 +4.11 (+22.04%)PFE Pfizer Inc. 24.66 +0.01 (+0.04%)ONDS Ondas Holdings Inc. 6.15 -0.29 (-4.50%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 106,597.31 -3,401.73 (-3.09%)PLTR Palantir Technologies Inc. 207.18 +6.71 (+3.35%)IREN IREN Limited 67.75 +7.00 (+11.52%)KMB Kimberly-Clark Corporation 102.27 -17.44 (-14.57%)KVUE Kenvue Inc. 16.14 +1.77 (+12.32%)Top economic events