In 2023, the average salary in the United States was around $67,000. However, despite this figure, a significant number of Americans feel that they are unable to achieve the income levels necessary for financial success.

A recent survey found that less than 40% of respondents consider themselves financially successful, and almost half have doubts about reaching their desired level of success. The survey identified two main barriers to financial success: 35% of participants cited the economy as a significant obstacle, while 30% pointed to irregular or insufficient income streams as a major challenge.

Fidelity Investments reported a mean 401(k) balance of $127,100 in the second quarter of this year, underscoring the importance of retirement savings for overall financial well-being. Home ownership is a crucial factor in net worth, but many Americans continue to face affordability issues.