• Posted on 02.26.13 by Toby Wachter

     

    It’s America Saves Week! Over 1,000 groups from corporate, non-profit and government backgrounds come together this week to help educate and encourage responsible budgeting and saving. Why is this so critical? Here are a few key facts:

     

    • Only 66% of Americans spend less than their income and save the difference
    • Only 66% of Americans have sufficient emergency savings to pay for unexpected expenses like car repairs or a doctor's visit
    • Only 42% of Americans say they have a savings plan with specific goals
    • Only 52% of non-retired Americans think they are saving enough for a retirement in which they will have a desirable standard of living

     

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