A recent survey by GOBankingRates found that just over half of those surveyed had $1,000 or less in savings. Interestingly, Millennials were more likely than other generations to have nothing saved and those over 65 are more likely to have $10,000 or more in a savings. However, one third of Baby Boomers said they have nothing in savings. GoBankingRates says the overall results are “both encouraging and discouraging.” Indeed…
Click here to read the full report on GOBankingRates.com.