Savings

U.S. households spend $3.87 trillion annually on household bills, according to doxo’s 2023 U.S Bill Pay Market Size & Category Breakout Report.

Americans amassed major savings during the height of the pandemic, but they may deplete more than half of it by the end of 2023, a Goldman Sachs estimate forecasted.

Eighty-nine percent of seniors said they are worried that the U.S. is in the grip of a retirement crisis and nearly half are struggling to build their savings, according to American Advisors Group's (AAG) recent survey.

One in three Americans said they were struggling to make ends meet or were in trouble financially, according to Lincoln Financial Group's most recent Consumer Sentiment Tracker.

Nearly 3% of workers made hardship withdrawals from their defined contribution plan in 2022, an increase from 2.1% in 2021, Vanguard's How America Saves 2023 report said.

Credit and debit card use on BofA brand cards rose 5.1% year-over-year annually compared to 2.2% the month before, the bank said.

Sixty-three percent of American adults are working with inaccurate longevity measures when they plan for retirement, according to the most recent TIAA Institute-Global Financial Literacy Excellence Center (GFLEC) Personal Finance Index survey.

Continued market volatility in the U.S. economy caused many Americans to report that they had to cut down on saving for the future, according to a recent Allianz survey.

Sixty-one percent of U.S. companies said they plan to lay off employees in 2023 and are likely to pause hiring this year, according to a ResumeBuilder.com survey.

Thirty-eight percent of respondents said they or a family member had to put off medical care because of cost in 2022, the most in the 22-year history of Gallup's survey.

Inflation and market volatility has had a significant impact on retirees' savings, research shows. Here’s what you need to know.

Of the 81% of middle-income survey respondents who said they expected a recession this year, 62% said they are planning to or have already taken measures to face tougher economic times, according to Primerica’s recent survey.

Thirty-one percent of respondents said that they mentioned personal finances on the first date or within the first few dates, according to consumer financial app Cleo's dating and money survey.

As inflation rages on, more Americans are borrowing from their 401(k)s to cover emergency expenses. Fidelity's Leanna Devinney offers her best alternative options.

U.S. households built up a cushion of savings during the COVID-19 pandemic, but they are rapidly spending it amid the highest inflation in a generation.

Sixty-six percent of Americans caring for kids and an aging parent said they are at least "somewhat stressed" about the costs of those responsibilities, a Policygenius survey said.