Aug
08

Poverty Percentages

While the percentage of Americans who say that they are either doing OK or living comfortably is 74%, up from 63% in 2013, the first year for which data are available, many Americans struggle financially. Fully 40% of Americans say they cannot come up with just $400 in an emergency without selling something or borrowing, down from 50% in 2013. Also, 25% of Americans have no retirement savings whatsoever.

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