US Edition1 in 3 Americans Have No Emergency Savings: Survey
A June survey reveals the median emergency savings dropped to $500, with 32% of Americans lacking any fund, driven by inflation, stagnant wages, and rising expenses, experts say.
- A 2025 survey by Empower revealed that nearly one-third of Americans lack any emergency funds, leaving them vulnerable to financial hardship from unexpected expenses.
- This lack of savings results from rising inflation, stagnant wages, high debt, and challenges for Gen Z entering a weak job market.
- The survey showed Gen Z holds a median $400 crisis fund and faces over $94,000 in average debt split between credit cards and student loans.
- Experts find that maintaining a minimum emergency fund of $2,000 can raise financial well-being scores by 21%, while Alyson Basso recommends saving enough to cover three months of essential expenses.
- These findings imply a growing financial fragility in American workers, increasing demand for solutions like earned wage access to support financial resilience.
27 Articles
27 Articles
WNTZ FOX 48
1 in 3 Americans have no emergency savings: Survey
(NewsNation) — A third of Americans lack an emergency savings fund, while 29% could not afford an unexpected expense over $400, according to a new survey from retirement plan provider Empower. The survey also found the median emergency savings for Americans is $500. A majority of respondents to the survey, 63%, said the rising cost of living has made it more difficult to build and maintain emergency funds, with over half (58%) describing saving …
Farm Talk Newspaper
Survey Reveals Ongoing Financial Strain as Majority of Americans Depend on Timely Paychecks
SAN ANTONIO, Sept. 17, 2025 /PRNewswire/ -- Seventy-eight percent of workers in America would experience financial difficulty if their paycheck were delayed a week, according to results from the 2025 "Getting Paid In America" survey conducted by PayrollOrg (PAYO). This…
Survey: 1 In 3 Americans Have No Emergency Savings – 710am KURV
A new survey from retirement plan provider Empower says a third of Americans don’t have an emergency savings fund. The survey also found that 29-percent of Americans could not afford an unexpected expense over 400-dollars. The survey says the median emergency savings for Americans is 500-dollars. More than half of survey respondents said the rising cost of living has made it hard to build and maintain emergency funds, with over half describing s…
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