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Americans Are Facing a Savings Crisis. Here’s What Keeps Them From Hitting Their Goals

by TheAdviserMagazine
2 months ago
in Markets
Reading Time: 1 min read
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Americans Are Facing a Savings Crisis. Here’s What Keeps Them From Hitting Their Goals
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Only 37% of working Americans say they keep a dedicated emergency fund at all, and for those who do, a little more than half have $1,000 saved, The Penny Hoarder found in its recent State of Savings survey. Emergency funds serve as crucial safety nets in case of an unexpected expense, and most experts recommend saving three to six months’ worth of expenses. When asked how much someone should…



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