When it comes to Americans’ finances, there’s good news andthere’s bad news.

According to the recently released “Report on the EconomicWell-Being of U.S. Households in 2015” from the Board of Governorsof the Federal Reserve System, on the good news side, thepercentage of adults reporting that they’re either “livingcomfortably” or “doing okay” has risen slightly compared to 2014and 2013, with 69 percent now reporting “mild improvements.” In2014, that percentage was 65 percent, and in 2013 it was 62percent.

However, 31 percent say they’re either “struggling to get by” or “justgetting by.” That amounts to approximately 76 million adults.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.