Gen Zers in a survey said they need $200,000 a year to feel financially secure — more than any other generation [Business Insider]
TransUnion (TRU)
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Source: Business Insider
Gen Zers, who already tend to feel financially vulnerable, said they need the most to feel secure. Gen Z is also coming up against rising costs other generations didn't contend with. Americans think they need a whole lot more money than they're making to feel comfortable, according to a new survey. The latest survey from Bankrate , which polled 2,407 US adults from May 16 to 20, looks at how much Americans think they need to make to feel financially secure. And, on the whole, workers said they'll need nearly $200,000 annually — on average, $186,000 — just to feel comfortable. But some generations said they'll need more than others to feel secure. Gen Z is particularly worried. According to the survey, Gen Z respondents said a $200,000 annual salary would ensure their financial security. Millennials said they'd need $199,000, and for Gen Xers and baby boomers, their financial security targets were at $183,000 and $171,000, respectively. The survey comes after 44% of Gen Ze
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