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Fed’s take on economic well-being, retirement is mixed

The number of Americans that say they are living comfortably has gone up, but there is still a sizable amount that are struggling to get by.

By Marlene Y. Satter | Updated on June 02, 2016
Photo: Getty Images

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

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

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