Two-fifths of baby boomers and Gen-X Americans lack a simple savings account, a new survey finds, underscoring a rising sense of economic ennui at a time of reduced saving and rising debt. In a survey by Achieve, the digital personal finance company, 58 percent of respondents said they aren’t close to achieving financial freedom, defined as living comfortably and without debt or money fears. Only 60 percent of respondents said they have a savings account in a bank: 58 percent of Gen Z, 61 percent of millennials, 57 percent of Gen X and 62 percent of boomers. Among those with savings, more than one-third said the account holds less than $1,000. The survey covered 1,000 adult consu
Hence then, the article about two fifths of boomers gen x lack savings accounts survey was published today ( ) and is available onThe Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Two-fifths of boomers, Gen X lack savings accounts: survey )