Time for which emergency savings fund would be sufficient for U.S. Millennials 2014

This statistic presents the time for which an emergency savings fund would last to cover monthly expenses of the Millennials in the United States in 2014. During the survey period, 32 percent of the U.S. Millennials stated that if they had no work, their emergency savings fund would cover 4 to 6 months of their expenses.

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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