Posted 3/30/2024, 9:57:00 AM
Meet the HENRYs: Well-Off Gen Xers Making $200K+ but Still Paying Off Debt
- HENRYs are high earners but not rich yet, making over $200k a year but with net worth under $1M
- Most HENRYs are white Gen Xers in their 40s, and about 31% are married DINKs (dual income, no kids)
- HENRYs likely earn money through wages, but some also have capital gains and business income
- While HENRYs have financial assets, many also carry debt like mortgages and student loans
- HENRYs carry nearly twice as much credit card debt on average compared to other Americans