Tag: emergency expense
Many workers are poorly prepared for retirement. Inadequate savings is a primary culprit. But the question of why workers don’t save enough was debated by our readers in comments posted to a recent article. The article pertained to a new study showing that life gets in the way of saving, which is derailed by major…
The brief’s key findings are: About 40 percent of households, spanning the income spectrum, say that they couldn’t cover a $400 unexpected expense. In fact, some of these households actually do have enough to cover this modest expense, but they feel constrained by credit card debt. Overall, the analysis finds that the vulnerable households fa…
