America used to be a nation of savers, but no more. These days, about half of Americans are putting away no more than 5 percent of their income. 

And 18 percent aren't saving anything at all. 

Those are among the findings of research by Bankrate.com, which also said that among those who are saving money, the middle-class is the best at it — even better than households with the highest incomes. 

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.