“A study on savings regrets offers a big takeaway for all of us”
SOURCE: nextavenue (Credit: Adobe Stock)
by Richard Eisenberg
“Regrets, I’ve had a few, But then again, too few to mention” — My Way
“It seems like every day, there’s a new survey showing how little Americans have saved. Recently, the Certified Financial Board of Standards polled 1,000 people and found that two thirds had less than $100,000 saved. MassMutual learned that 52 percent of U.S. families with income of at least $50,000 have less than three months’ worth of living expenses in emergency savings; about 8 percent had nothing at all.
“Why don’t people save more and, more to the point, why do people regret not saving more?”
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