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Surveys Paint Bleak Financial Picture for Many Americans

In the past few days, three surveys have been released that paint a rather bleak picture of Americans financial status and expectations about retirement.

By Maria Wood | Updated on September 27, 2012

In the past few days, three surveys have been released that paint a rather bleak picture of Americans’ financial status and expectations about retirement.

Perhaps the most startling finding came from a national survey from CashNetUSA.com. Surveying about 1,000 Americans, 23% report they had less than $100 in savings to fund an unexpected emergency on a given day, while 46% say they have only $800 tucked away in a savings account.

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