A new report from Goldman Sachs Asset Management reveals that 40% of workers making over $300,000 a year are living paycheck to paycheck. This financial strain affects workers across all income brackets due to lifestyle inflation, debt, and rising living costs. Among all working respondents, 40% live paycheck to paycheck, hindering their ability to save for retirement. Even top earners struggle, with 41% of those making over $300,001 to $500,000 living paycheck to paycheck. Major life events like having a baby or buying a home often force people to pause retirement contributions or delay retirement altogether.

Read more at Yahoo Finance: Some 40% Of People Earning More Than $300,000 Are Living Paycheck To Paycheck, New Goldman Sachs Study Says