No, just because you may have a high income does not ensure that you will be secure. There are millions of Americans who make much more than average and yet are still one paycheck away from disaster, because they spend nearly all of what they make, and have no short-term or long-term financial plan. It is easy to see evidence of this by looking at the number of foreclosures of very expensive houses, condominiums, and vacation properties that came on the market after 2008. Many of these people were making well over $100,000 per year, yet, did not have emergency funds available to ride through a job change, or other life change, because they spent everything that they made and more.