35 year old married male. combined income of 185k. Liquid Savings is $32,000
$787,000.00
"The average amount that Americans have in their savings is around the price range of $2,000 to $3,000."
it is approx 35k
The average 401K savings balance for a 50 year old married couple is about $480,500 on the low end and about $1.2 million on the high end. This is after working and saving for 28 years.
It would depend on the person financial situation throughout their life. Some may have none while others have significant savings
$787,000.00
"The average amount that Americans have in their savings is around the price range of $2,000 to $3,000."
15000
In 2011, the average savings account balance for American families was roughly $5,900. Other statistics from American Family put it around $3,900.
$175,000
$62
it is approx 35k
The average 401K savings balance for a 50 year old married couple is about $480,500 on the low end and about $1.2 million on the high end. This is after working and saving for 28 years.
The current national savings rate of the United States is negative, specifically -3.9%. This means that Americans, on average, are spending more than they are earning.
The amount in your balance would depend on the interest rate of your savings account.
It would depend on the person financial situation throughout their life. Some may have none while others have significant savings
What if your savings account balance at the superb Savings Bank is currently $350 if you make no deposits and your balance next year is $362.25 what is the growth rate offered by this bank? Show and explain your work.