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Opinion
Alexis Leondis

Headwinds for High Earners Are About to Get Worse

A shocking number of high earners in a recent survey said they're living paycheck to paycheck, and that’s before student loan payments start up again.

You’ll probably still have to pay.

You’ll probably still have to pay.

Photographer: Paul Morigi/Getty Images 

How much does it take to feel flush in the US these days? Not even $250,000 a year will get you there, according to a recent survey by Pymnts.com and LendingClub Corp., which found that 36% of those earning at least that amount say they’re living paycheck to paycheck.

Considering $250,000 is almost four times the median US salary and puts you in the top 5% of earners, it's pretty unnerving that so many say they are spending everything they make each month. (And this was a census-balanced survey; they didn't just ask people in high-cost areas such as New York and San Francisco.)