Tyler Meyer

Finance

How Much You Should Have in Savings vs. Investing

August 22, 2024

PeopleImages / Getty Images/iStockphoto The average American family has $62,410 in savings accounts, according to the most recent data from the Federal Reserve’s 2022 Survey of Consumer Finances. The most recent Gallup survey found that 62% of U.S. adults invested in stocks, a 1% increase from 2023. Explore More: 6 Things the Middle Class Should

Finance

You’re Right About Your Retirement Savings If …

July 3, 2024

Goodboy Picture Company / iStock.com Finding the magic number for your retirement savings is no easy feat. According to a recent survey of over 1,000 Americans conducted by GOBankingRates, more than a third (35.48%) of the respondents felt they would need to have anywhere between $500,000 and $1.5 million in retirement savings. Read Next: Early

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Tyler Meyer

How Much You Should Have in Savings vs. Investing

You’re Right About Your Retirement Savings If …

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