Aflac Report: Americans Need $70K More for Financial Security

Aflacs report reveals a significant income gap, with American workers needing an additional seventy thousand dollars per year to feel financially secure. Interestingly, higher-income households desire more extra money, with those earning one hundred thousand dollars or more per year needing eighty-six thousand dollars more. The rising cost of healthcare contributes to this financial insecurity, with nearly half of workers unable to cover an unexpected one-thousand-dollar health expense. This highlights the widespread financial fragility, even among higher-income workers, emphasizing the importance of benefits like health coverage and job security in overall financial well-being.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.