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Some folks in U.S. households with annual revenue over $150,000 really feel broke, too.
Analysts at Assurance IQ, Prudential Monetary’s monetary wellness subsidiary, uncovered these People’ monetary frailty in January, after they commissioned an on-line survey of 5,000 folks.
The complete pattern included 790 contributors from high-income households, based on a full model of the outcomes made accessible to ThinkAdvisor.
The high-income contributors have been higher off than the lower-income households, however 14% strongly agreed that they lack entry to wholesome meals choices the place they dwell, and 11% strongly agreed that they don’t seem to be in a position to get the medical care they want the place they dwell.
About 20% stated that they had prevented in search of medical care prior to now 12 months as a result of they weren’t positive if they may afford the care.
The monetary stress might have an effect on these folks’s potential to purchase every thing from life insurance coverage to 529 plans.
About 50% of the high-income contributors stated that they had taken excessive steps prior to now 12 months to deal with their payments.
See the accompanying gallery for a take a look at 5 of these steps.
Credit score: Shutterstock
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