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The power of the get lost fund

October 20, 2016 In The News 1 min read

If you needed to leave a toxic job, relationship or other situation, would you have the money to make that possible? For many Americans, the answer is a resounding and unfortunate no.

A 2015 GOBankingRates.com survey of 5,000 Americans found that more than half of those surveyed had less than $1,000 in a savings account. This amount doesn't factor in retirement or other accounts, though other studies show many people aren't putting away enough for retirement either. A 2016 analysis conducted by the Economic Policy Institute based on data from the Federal Reserve Board's Survey of Consumer Finances showed that retirement savings have stagnated over time.

Read more on Yahoo Finance >>

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