“The Surprising Reason People Say They Haven’t Saved More” – next avenue

“A study on savings regrets offers a big takeaway for all of us”

not saved moreSOURCE: 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?”

Read this article at next avenue in its entirety, click here.

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