Estimated reading time: 0 minutes, 16 seconds
Median American Family Has Hardly Any Savings
The median American household has only $11,700 in savings compared to the $1.1 million in savings for the top 1%. So reports MarketWatch.
The bottom 20% of Americans by income have no savings. This finding comes from an analysis of data from the Federal Reserve and Federal Deposit Insurance Corp. by Magnify Money.
Most Read
-
-
Feb 21 2011
-
Written by Administrator
-
-
-
Nov 07 2012
-
Written by Administrator
-
-
-
Mar 09 2013
-
Written by Staff Writer
-
-
-
Nov 07 2012
-
Written by Administrator
-