According to a Bankrate.com survey, 76 percent of Americans live paycheck to paycheck.1 The reality is that today’s workers haven’t positioned themselves to cope with the financial ups and downs experienced by every household. A leaky roof, an emergency car repair, an unexpected illness … all can be disastrous when the bank account is empty. And the situation may even be worse for millennial workers.
In fact, millennial workers who participated in the Aflac WorkForces Report2 study told us:
To find out how close to the financial bone millennial employees are living, see our fact sheet.
1 CNN Money, “76 percent of Americans are liv ing paycheck-to-paycheck,” accessed April 21, 2014 – http://money.cnn.com/2013/06/24/pf/emergency-savings/
2 The 2014 Aflac WorkForces Report is the fourth annual Aflac employee benefits study examining benefits trends and attitudes. The study, conducted in January 2014 by Research Now, captured responses from 1,856 benefits decision-makers and 5,209 employees from across the United States.