Continuing on we see that (Levels 3 & 4) if you didn't start learning about Financial Litetracy early, you are at a disadvantage.  It only gets harder as less and less reach the high levels of wealth. 

#3 Breathing Room (Low-middle class): Estimated Percentage: 60% Rationale: Let's adjust this downward. The Federal Reserve's data on the $400 emergency expense is a strong indicator. While some in this group may have family support or credit access, many have limited savings and face financial vulnerability.

#4 Stability (Upper-middle class): Estimated Percentage: 45% Rationale: This group generally has higher incomes and savings, but "stability" implies more than just covering expenses. It suggests a strong financial foundation to withstand setbacks. Factors like high housing costs, student loan debt, and the potential for job loss reduce stability for many in this group.