23% of Americans have no emergency savings

By the numbers: 29% of the U.S. say they have enough emergency savings to last them six months or more — an overwhelming majority of respondents, 62%, are “very or somewhat comfortable with their level of emergency savings.”

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Lower-income households are more likely to have no emergency funds, but 27% of lowest-income households have enough savings to last them at least three months.

Americans lost $19.4 trillion worth of wealth during the Great Recession, per the Treasury Department.

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