Latest Articles by Dragana

Average Bank Account Balance in U.S.
American households have an average bank account balance of $41,600, according to the latest data from the Federal Reserve Survey of Consumer Finances. In the earliest days of the COVID-19 pandemic, the U.S. personal savings rate hit a record 33.8%. That rate, which measures the percentage of disposable income people ... Continue Reading
August 17, 2022
33 Retirement Statistics You Should Know in 2022
Average 401(k) and individual retirement account (IRA) balances are both down 2% from a year ago, according to the latest data from Fidelity. The coronavirus pandemic and an unsettled economy have caused a lot of shifts in the past few years. Before the crisis, American households saw retirement accounts grow ... Continue Reading
July 6, 2022