You are here

US families still vulnerable to financial difficulty after recession

Fed survey shows many barely prepared to handle emergency expenses and approaching retirements they haven't saved for

Washington

FIVE years after the recession ended, many Americans still teeter on the financial brink, barely prepared to handle an emergency expense and ageing towards retirements they haven't saved for, a Federal Reserve report shows.

About 47 per cent of 5,896 respondents in the

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom