According to a stunning new survey that was just released, an annual income of at least $186,000 a year is required in order to feel financially secure in the United States today.  Unfortunately, only 6 percent of U.S. adults make that kind of money.  So we have a major problem on our hands.  The cost of living has become extremely painful, and millions of Americans are stressed out of their minds because their finances are such a mess.  Over the past several years we have witnessed an economic shift of epic proportions.  The ultra-wealthy have gotten a lot wealthier, the ranks of the poor have exploded, and the middle class has been absolutely eviscerated.  In this current economic environment, only a very small segment of the population is living comfortably.  The following comes from CBS News…

Americans have a specific annual income in mind for what it would take to feel financially secure, according to a new survey from Bankrate. The magic number? $186,000 per year.

Currently, only 6% of U.S. adults make that amount or more, Bankrate said. The median family income falls between $51,500 and $86,000, according to the latest federal data. Achieving financial security means being able to pay your bills while having enough left over to make some discretionary purchases and put money away for the future, the personal finance site said.

When I was growing up, I thought that anyone that earned more than $100,000 a year was wealthy.

But now it takes an income about five times that size in order to be considered “wealthy”…

Americans have an even higher yardstick for feeling rich. The survey found they believe they would need to earn $520,000 a year to qualify as wealthy — up from their $483,000 response during the same survey last year.

Much of the population is trying as hard as they can, but they will never make the kind of money that they would like to make.

Meanwhile, the cost of living just keeps going higher and higher and higher.

As a result, the percentage of Americans that admit that they are experiencing financial stress just continues to go up…

Many inflation-weary consumers continue to experience financial stress, with a new Federal Reserve Bank of Philadelphia survey finding that 35% of Americans are worried about making ends meet, up from 29% a year earlier.

That gap between what the typical American earns and what they aspire to earn means “Americans have their eyes set on this high income, and they think they need to make more money even if they know it’s unrealistic they’ll never make that amount,” Sarah Foster, an analyst at Bankrate, told CBS MoneyWatch.

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