Most Americans don’t feel financially secure, the survey found.

The majority of Americans surveyed (72%) do not feel financially secure, while a significant part of US residents blame inflation and the general state of the economy for this, researchers from the American financial company Bankrate concluded following the results of the survey.

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During the survey, 72% of respondents answered that they do not consider themselves fully financially secure. Among them, 26% think that they will never be provided for. Only 28% of respondents say they feel financially secure.

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Among the reasons for this situation, 63% of Americans say that inflation robs them of financial confidence, 48% blame the economic environment in the US, and 41% see the problem in the lack of retirement savings.

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Americans surveyed said they need to earn about $233,000 a year to achieve financial security, and about $483,000 a year to feel rich.

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The survey was conducted from 5 to 7 June 2023. It was attended by 2521 US citizens. Data on statistical error are not given.