this post was submitted on 08 Oct 2025
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Inflation and a "vortex" of competing financial priorities have reduced Americans' ability to save for retirement and left a growing number barely able to meet their monthly expenses, according to a recent study by Goldman Sachs.

In its 2025 Retirement Survey & Insights Report—entitled New Economics of Retirement—the investment bank said about 40% of Americans now reported having no spare savings and living paycheck to paycheck, up from 31% in 1997. Of this group, about 74% said other, more pressing costs were limiting their ability to save for retirement.

Goldman Sachs projected that the share of those struggling to make ends meet would rise to 55% by 2033 and 65% by 2043.

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[–] TrippyFocus@lemmy.ml 3 points 1 week ago

Thankfully this country has a robust safety net and free healthcare so people aren’t hit with huge unexpected expenses /s