What Is Even Happening?

What Is Even Happening?

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What Is Even Happening?
"$300,000 Is The New $100,000"
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"$300,000 Is The New $100,000"

The exhaustion of constantly feeling broke AF, and whether any end game exists.

Ted Bauer's avatar
Ted Bauer
Apr 25, 2024
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What Is Even Happening?
What Is Even Happening?
"$300,000 Is The New $100,000"
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I don’t love CNN, and a lot of Bankrate studies are small sample size and tedious to get clickbait headlines, but I’ll bite on this particular day! Here’s one with 2,500 U.S. adults.

Here’s the main section you need to understand:

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 survey from Bankrate.

For context, in 2021 the median for a full-time U.S. worker was $56,473, so most people are apparently 4x off what they need to feel “secure.”

Obviously that’s going to scale stress, without a doubt.

However, there’s a ton of nuance around these types of studies and discussions that I think we need to quickly touch on:

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