How a lot cash does it take to be financially profitable?

According to a brand new survey from monetary service firm Empower, Gen Z Americans imagine it takes a wage of $588,000 to be thought of financially profitable. That’s greater than double the determine from different generations. CBS News CashWatch correspondent Kelly O’Grady joins to unpack the findings.

CBS News 24/7 is the premier anchored streaming information service from CBS News and Stations that’s obtainable free to everybody with entry to the web and is the vacation spot for breaking information, reside occasions, authentic reporting and storytelling, and packages from CBS News and Stations’ prime anchors and correspondents working domestically, nationally and across the globe. It is accessible on greater than 30 platforms throughout cell, desktop and related TVs totally free, in addition to CBSNews.com and Paramount+ and reside in 91 nations.

Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews
Watch CBS News: https://cbsnews.com/live/
Download the CBS News app: https://cbsnews.com/mobile/
Follow CBS News on Instagram: https://instagram.com/cbsnews/
Like CBS News on Facebook: https://facebook.com/cbsnews
Follow CBS News on Twitter: https://twitter.com/cbsnews
Subscribe to our newsletters: https://cbsnews.com/newsletters/
Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h

For video licensing inquiries, contact: [email protected]