The lower-middle class in America today is in worse health and has fewer savings when they enter retirement compared to 20 years ago.
This ‘forgotten’ class has a lower life expectancy, suffers from more chronic illnesses and has less overall wealth when compared to the previous generation of Americans who had a similar income in the 1990s, according to a new study.
Americans who fall into the lower-middle class category are often overlooked because they earn too much money to qualify for state or federal assistance, such as Medicaid, food stamps or housing vouchers, but they earn too little to cover the increasing costs of healthcare and housing.
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Alexa Lardieri 