23% of Americans Have $0 Savings: Helping Workers Do the Math, Save for Retirement

Remind employees about student loan assistance options and provide personalized savings projections.

By Lynn Cavanaugh | October 18, 2024 at 12:00 PM

A quarter (23%) of Americans have no savings at all, and an additional 17% have less than $500 saved, according to the latest GOBankingRates survey data. To help address this critical savings issue, GOBankingRates is publishing a series of research and educational content throughout this month in honor of National Savings Day on October 12.

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Instant Insights /

23% of Americans Have $0 Savings: Helping Workers Do the Math, Save for Retirement

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

1 Shared Accounts With CU Times: Wescom CU Sets an AI Standard

2 Virginia Credit Unions Prepare to Officially Merge on Jan. 1

3 As Elder Fraud Explodes, Banks Beat Back Duty to Call Cops

4 The Twin Flames Credit Unions Can’t Ignore: Phishing-as-a-Service & Insider Threats

5 Coastal & Truliant Credit Unions Join Auto Forces

71% of Financial Advice Posted on Social Media Is Misleading

Same Income, Same 401(k), Different Account Balances? Plan Design Is Key to Wealth Gaps

Spending Spikes & Student Loan Debt Are Putting Retirement Savings at Risk

Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

Instant Insights /

23% of Americans Have $0 Savings: Helping Workers Do the Math, Save for Retirement

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

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1 Shared Accounts With CU Times: Wescom CU Sets an AI Standard

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3 As Elder Fraud Explodes, Banks Beat Back Duty to Call Cops

4 The Twin Flames Credit Unions Can’t Ignore: Phishing-as-a-Service & Insider Threats

5 Coastal & Truliant Credit Unions Join Auto Forces

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