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Make Six Figures? There's a Decent Chance You've Got Almost Nothing in the Bank

The more you earn, the more you spend.
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Photographer: Chris Ryan/Getty Images/Caiaimage
Corrected

It's hard to feel sorry for someone making six figures, but a new survey attempts to drum up some sympathy for the deflated bank accounts of these high rollers. Close to half of those who earn from $100,000 to $149,999 a year have less than $1,000 in their savings accounts. Some 18 percent of them have socked away absolutely nothing. 

The study, from financial services website GoBankingRates, found that those who earn over $150,000 annually don't fare much better: Some 29 percent have less than a grand in their savings, and 6 percent have nothing saved at all. The study surveyed 7,052 Americans in early August.