Americans think you should get your dream job and buy your first house before 30 years old, research suggests

A recent survey of Empower have found that the average age of Americans think that you should get the work of your dreams is 29 years old, buy your first house at 30 years old and win six figures by 35. They also believe that you should be without debt at 41 years old and ready to retire at 58, but they could be shocked, 6 years earlier than the national retirement age.

Despite the optimism of the Americans, the days to obtain a house on a single income. Generation Z is stuck in the process of kicking with their parents because of the rowing of life prices, workers are faced with a labor market of frozen white cervix with stagnant wages, household debt is at a record level in the middle of an increase in interest rate and people exhaust their bank accounts 401 (K).

In fact, in relation to reality, the figures tell a different story of the chronology that the Americans have established themselves. Research shows that the average person changes jobs 12 times during their lifetime between 18 and 56 years old, and the average age of an American buyer for the first time at 38 years old.

While six figures are a common goal for people with a doctorate or a professional diploma, only 18% of individuals earn more than $ 100,000. The full -time average American worker earns around $ 62,500 a year, according to federal data. Not all debts are bad, but the average age that people reimburse student loans are 45 think They will be without debt.

Adults becomes more difficult, with the costs of life to blame

Although the investigation of Empower suggests that many Americans feel that they could settle at younger ages than reality, one thing that many agree is that “the adult” itself becomes more difficult.

Another Life survey occurs that 71% of people are suitable that it is more difficult to be an adult now than 30 years ago. Almost the same number – 72% – higher lifestyles than the culprit. Many have defined “adult” as paying for their own invoices (56%), being financially independent (45%), and said they “felt” as an adult when they left their parents’ home (46%).

While the Americans hope that they will be financially stable at the age of 46, four in 10 respondents do not believe that they will reach financial stability.

And for young Americans, economic disorders did not stop during world pandemic closings and generalized layoffs that we saw in 2020, recent graduates are now faced with a dark -term entry -level labor market and have trouble establishing their career on the company’s scale. Millions of genres are now unemployed because employers have taken a break on hiring in the middle of economic uncertainty and increasing AI – or Korn Ferry has said, a “perfect storm” for mass unemployment.

Even six figures do not guarantee that you will be comfortable in today’s economy

Anxiety of the increase in inflation, food and housing costs cannot follow what Americans are remunerated. Despite the cooling by inflation from its 2022 peak, some are still struggling to recover from the lost purchasing power. A Zillow report revealed that house buyers must gain 80% by more than 2020, while median income increased by 23% during this period.

Now, even those who have the chance to climb the ladder and gain six digits feel the pinch. An investigation measured the amount of employees of $ 100,000 to feel comfortable, and he revealed that they would need a salary of $ 500,000 or more.

But wages like the one that is rare to come: only one of the jobs out of 127 in the United States pays $ 500,000 or more, representing approximately 0.8% of roles, according to an ADP analysis.