In 2022, the most common reason for families in the United States to save was having liquidity. Meanwhile, the share of U.S. families saving for retirement and education has decreased slightly between 2019 and 2022. Only 1.5 percent of families said that they did not have any particular reason for saving.
Drivers for saving among families in the United States from 2010 to 2022
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Other statistics that may interest you Personal savings in the United States
Overview
6
- Basic Statistic Monthly personal savings as a share of disposable income in the U.S. 2015-2024
- Premium Statistic Mean and median amount of personal savings in the U.S. 2022-2023, by type
- Basic Statistic Personal savings in the U.S. 1960-2023
- Basic Statistic Savings and other checkable deposits in the U.S. 2020-2023
- Premium Statistic Amount of money saved in savings accounts in the U.S. 2023
- Premium Statistic Gross savings as share of GDP in the U.S. 1970-2021
Household savings
6
- Basic Statistic Household savings in the U.S. 2000-2022
- Basic Statistic Time and savings deposits of households and nonprofit organizations U.S. 2000-2022
- Premium Statistic Share of families that saved in the U.S. 2001-2022, by ethnicity
- Premium Statistic Share of families that saved in the U.S. 2004-2022, by work status
- Premium Statistic Share of families with savings bonds in the U.S. 2007-2022, by age of family head
- Premium Statistic Financial instruments owned by children in the U.S. 2022
College savings
4
- Premium Statistic Households saving for college in the U.S. 2020-2022, by age of household head
- Basic Statistic Total Education tax savings for college students U.S. 2002-2023
- Basic Statistic Assets of section 529 savings plan in the U.S. 2009-2022
- Premium Statistic 529 college savings average account balance in the U.S. 2016-2022
Retirement savings
7
- Premium Statistic Adults with any retirement savings in the U.S. 2021-2022, by age group
- Premium Statistic Opinion of Americans on state of their retirement savings 2022, by ethnicity
- Premium Statistic Confidence in progress toward retirement goals for individuals in the U.S. 2023
- Premium Statistic Household retirement savings in the U.S. 2020-2022, by amount
- Premium Statistic Value of assets invested in IRAs in the U.S. 2022, by type
- Premium Statistic Probability of outliving their savings in the U.S. 2020-2023
- Premium Statistic Leading challenges of individuals saving for retirement in the U.S. 2023
Saving practices
6
- Basic Statistic Reasons why families saved in the U.S. 2010-2022
- Premium Statistic Goals in New Year's financial resolution in the U.S. 2022
- Premium Statistic Factors that are holding back Americans from saving for a down payment 2022
- Premium Statistic Major obstacles to saving for a down payment among American homebuyers 2022, by age
- Premium Statistic Emergency bill: savings, credit card, borrow vs personal loan U.S. 2023
- Premium Statistic Bank account and service complaints reported CFPB in the U.S. 2022
Impact of the economy on savings
3
Further related statistics
16
- Social renters worried about their financial situation in the UK 2019
- Trust of social renters in their landlord in the United Kingdom in 2019
- Selected OECD countries with the highest household saving rate in 2015
- Household saving rate of the United States from 2010 to 2017
- Families with savings in the United Kingdom (UK) 2014, by savings
- Italy: bank account or postal deposit holders 2016, by deposit type
- Ability to manage unforeseen expenditures in China 2021
- Frequency of keeping household expenditure plans in China 2019
- Implementation of household expenditure plans in China 2019
- Family members responsible for household chores in Italy 2019, by gender
- Main changes of personal financial plan after coronavirus outbreak in China 2020
- Family members responsible for childcare tasks in Italy 2019, by gender
- Amount saved by families in the U.S. 2014, by purpose and time span
- Real estate investments: level of knowledge in France 2015
- Regions where more people would save the money of the1st Prize Spain 2018
- Gross domestic saving as a share of GDP APAC 2015-2021, by country or territory
Further Content: You might find this interesting as well
Statistics
- Social renters worried about their financial situation in the UK 2019
- Trust of social renters in their landlord in the United Kingdom in 2019
- Selected OECD countries with the highest household saving rate in 2015
- Household saving rate of the United States from 2010 to 2017
- Families with savings in the United Kingdom (UK) 2014, by savings
- Italy: bank account or postal deposit holders 2016, by deposit type
- Ability to manage unforeseen expenditures in China 2021
- Frequency of keeping household expenditure plans in China 2019
- Implementation of household expenditure plans in China 2019
- Family members responsible for household chores in Italy 2019, by gender
- Main changes of personal financial plan after coronavirus outbreak in China 2020
- Family members responsible for childcare tasks in Italy 2019, by gender
- Amount saved by families in the U.S. 2014, by purpose and time span
- Real estate investments: level of knowledge in France 2015
- Regions where more people would save the money of the1st Prize Spain 2018
- Gross domestic saving as a share of GDP APAC 2015-2021, by country or territory
Federal Reserve. (October 24, 2023). Drivers for saving among families in the United States from 2010 to 2022 [Graph]. In Statista. Retrieved March 19, 2024, from https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/
Federal Reserve. "Drivers for saving among families in the United States from 2010 to 2022." Chart. October 24, 2023. Statista. Accessed March 19, 2024. https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/
Federal Reserve. (2023). Drivers for saving among families in the United States from 2010 to 2022. Statista. Statista Inc.. Accessed: March 19, 2024. https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/
Federal Reserve. "Drivers for Saving among Families in The United States from 2010 to 2022." Statista, Statista Inc., 24 Oct 2023, https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/
Federal Reserve, Drivers for saving among families in the United States from 2010 to 2022 Statista, https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/ (last visited March 19, 2024)
Drivers for saving among families in the United States from 2010 to 2022 [Graph], Federal Reserve, October 24, 2023. [Online]. Available: https://www.statista.com/statistics/246194/american-families-reasons-for-saving-in-the-united-states/