Comment on Good News: Almost One-Third of Americans Have a Fully-Loaded Emergency Fund

newsfeedback@fool.com (Maurie Backman), The Motley Fool
Thu, 06/22/2017 - 4:03am

Good News: Almost One-Third of Americans Have a Fully-Loaded Emergency Fund

Late last year, I reported that a whopping 69% of Americans had less than $1,000 in savings -- which indicated that the majority of U.S. adults were ill-equipped to cover a major financial emergency. But new data reveals that, while most Americans are still considerably behind on savings, a growing number are more than prepared for the unexpected.In a just-released Bankrate study, 31% of adults now have enough savings to cover six months or more of living expenses.

 

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