Time period for which emergency savings fund suffices among U.S. Millennials 2014

This statistic presents the time period for which emergency savings fund suffices to pay for basic expenses in case of lack of work among Millennials in the United States in 2014. It was found that 33 percent of the U.S. Millennials believed that their emergency savings fund would cover basic monthly expenses for three months or less.

If you were not working, how long could you pay your basic monthly expenses from your emergency savings fund (excluding tapping into your retirement savings if applicable)?

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Source

Release date

March 2015

Region

United States

Survey time period

October to December 2014

Number of respondents

446 respondents

Age group

23 to 35

Special properties

full-time or part-time workers

Method of interview

Online survey

Supplementary notes

Percentage points missing to 100 percent are probably due to rounding.

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Statistics on "Personal savings in the United States"

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