Money Woes: Why Many Feel the Middle Class is Slipping Away

Money troubles are hitting hard across the country. Many people feel the middle-class life is becoming harder to reach. In fact, most voters think it's out of reach for most folks. This is a big change from how things used to be. Younger people are feeling the pinch the most. Half of those under 45 say they're worse off than their parents were at their age. Many worry about basic things like rent, groceries, and bills. Even people making good money, over $200, 000 a year, are stressed about the future. They worry about retirement and healthcare costs.Older folks, though, seem to be doing better. Many over 65 say they can afford what they need. They bought homes when prices were lower and don't have kids to support. But even they worry about healthcare costs. Housing is a big worry for younger people. Over half of those under 30 say owning a home is out of reach. They also worry about education and retirement costs. It's a tough time for young adults, no matter their political views. Some people manage to save, but many live paycheck to paycheck. Even those who make more than their parents struggle to make ends meet. It's a tough time for many, and the future looks uncertain.