- IPhone 6 Feature Prevents Law Enforcement From Accessing Your Data
- Go Big or Go Home: The Million-Dollar Halloween Costume
- Pop Quiz: Does an Airline Have to Put You Up in a Hotel When Your Flight is Canceled?
- The Restless Project: $60K Income Doesn’t Cut It for My Family
- Target May Be Starting a Free-Shipping War
- Who is the Richest Person in Your State?
- MasterCard Introducing Fingerprint-Scanning Credit Card
- Dentists’ Tricks of the Trade: Don’t Get Drilled by Dental Bills
Trading company Scottrade says people aren’t saving as much as they admit they should.
A new survey of 1,000 people found “that while more than 60 percent of Americans recommend saving between 6 and 19 percent of their income annually for retirement, less than a third actually do.” It also found Americans spend more than a fifth of their income on mortgages and debt.
The survey was a follow-up to an annual one in January, so findings can be compared. And they show that more people are using smart saving strategies than in January 2011, but fewer than six months ago.
|Actions Americans are Taking to Reduce Financial Stress|
|January 2011||January 2012||June 2012|