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International Business Times UK
International Business Times UK
Business
David Unyime Nkanta

Is the American Dream Dead? High Earners Say $100k 'Isn't Enough' — Now Need at Least $500k to Survive

Once considered the benchmark of middle-class success, a $100,000 annual income is now being dismissed by many Americans as insufficient to maintain a comfortable lifestyle.

Amid rising inflation, housing costs and stagnant wage growth, a growing number of high earners claim that even half a million dollars a year is barely enough to 'scrape by' in major cities, prompting renewed debate over the viability of the American Dream.

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