Wednesday, August 16, 2017

Average American Saves Less Than 5%; See How You Stack Up

The average American saves less than 5% of his or her disposable income. Many financial advisors say that isn’t enough to ensure a comfortable retirement. The personal saving rate, calculated by the federal Bureau of Economic Analysis, has hovered around 5% for the past few years. By the end of June, the rate had dipped...


from NerdWallet
https://www.nerdwallet.com/blog/banking/american-personal-saving-rate/

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