how much should i save

How Much Should I Save

Photo by:401k How Much Should I Save   How much should I save? Answer: As much as you can so you don’t become a statistic like the ones below! Considering the numbers reported from a few recent survey’s, I would say most Americans are not saving nearly enough as they should. If you want to know what the average American is doing, according to the US Bureau of Economic Analysis, the Personal Savings Rate from 1960 through the early eighties was around 8-10%. The rate then dramatically declined, bottoming out at less than 2% in 2006, then rebounding to the ...