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ABC News Turn on desktop notifications for breaking stories about interest? OffOn 33% of millennials live paycheck-to-paycheck and struggle to pay their bills. • 11 min read Catch up on the developing stories making headlines.Jennifer Castillo They’re young, successful and making good money. Some call them HENRYs, short for “high earners, not rich yet.” Usually in their 20s and 30s, these young people make more than $100,000 a year. The median household income in the U.S. is about $70,000 a year, according to 2019 census data. Although some people might believe HENRYs are living the American dream, experts say that their six-figure salary might not go so far when factoring in student debt, rent and personal spending.

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