Reply to Goldman Sachs: 40% of $400-500K and $500K+ households “live paycheck to paycheck”

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Reply to "Goldman Sachs: 40% of $400-500K and $500K+ households “live paycheck to paycheck”"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is crazy to me, see page 20:

https://am.gs.com/cms-assets/gsam-app/documents/insights/en/2025/am-retirement-survey-102025.pdf?view=true

Lots of wild details in this document on “The Future of Retirement”[/quote]

I can relate. We are in the same income bracket. We live paycheck to paycheck after maxing out 401k, hsa, saving 10k per kid in 529, saving 60k in our brokerage account. We don’t have much left.

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Similar. We'd live paycheck to paycheck, no matter how much we make, because my spouse is an overspender and would be at any income level. Instead of one country club and house, we'd have five. I max out 401k, 529 plans ($19k per kid per year), and put over $50k per year into my brokerage account; spouse can't access any of those accounts. We are effectively broke in our joint checking account at the end of most months. [/quote]

Be careful. With an over spender you need to have joint accounts for everything or you’re just kicking the can down the road until retirement to face the music.

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