Accumulating Wealth

Ep. 143: How Do Americans Save Their Money?


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Americans have shown resilience these last few years. Despite record-high inflation and a rocky economic climate, the How America Saves Report 2023 reveals that people have navigated the landscape better than expected. Over 25% of Americans contributed more than 10% of their income to their retirement savings. But what's the median savings rate? The guys dive into this number and detail other record highs in Americans' savings, so sit back and listen because you might be in for a surprise.

 

LINKS:Vanguard Institutional How America Saves Report 2023

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Accumulating WealthBy Cain Watters

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