Get insights into the average savings of Americans by different age groups and how your savings compare.
Wondering how much money you should have in your savings account? Knowing the average American's savings by age can help you find out where you stand.
How much have Americans actually saved for retirement? We show average retirement savings by age amid a widening savings gap.
See average savings account balances by age, education level, household size, and more. Learn what factors influence savings and how to boost yours.
Americans keep an average of $41,600 in savings, but this doesn't tell the whole story. Keep reading to find out how much Americans are saving and how much you should save.
your age range. Perhaps the most official measure of American retirement savings comes from... While knowing the average retirement savings by age is one way to determine whether you are on...
Key Points: Everyone knows you need to save. Figuring out how much you should have is a tougher nut to crack. One of the biggest challenges when it comes to saving money is that you have so many different needs to consider, such as college tuition or the down payment on a home. Still, nearly every American must focus on two important goals: emergency savings and retirement. The point of amassing a fully-funded emergency account is to avoid going into debt should you lose your job or endure some expensive tragedy. You don’t want to have to rel ...
Your net worth is a snapshot of your financial standing. See the average net worth of Americans by age and how to calculate yours.
See how your net worth stacks up against the average American in your age bracket.
Key Takeaways ; More than one in four Americans (28%) have savings below $1,000. This is the case for 32% of Gen Zers, followed by Millennials at 31%, Gen X at 27% and Baby Boomers at 20%. Standard savings accounts are the most popular savings vehicle across the four generations surveyed, while high-interest options like high-yield savings accounts or CDs are less common. In 2024, the highest percentage of Gen Zers (22%) are focused on saving for a car, Millennials (25%) and Gen Xers (28%) are focused on starting or beefing up emergency funds, ...