60% of millennials earning over $100,000 say they’re living paycheck to paycheck

Incredible. The economy is broken; except if you are rich.

Sixty percent of millennials raking in over $100,000 a year say they’re living paycheck to paycheck, according to a new survey by PYMNTS and lending company LendingClub which analyzed economic data and census-balanced surveys of over 28,000 Americans.

High-earning millennials are stretching their paychecks.

It found that the more than half (54%) Americans are living paycheck to paycheck. And nearly 40% of high-earners — those making more than $100,000 annually — say they live that way.

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