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The State of American Savings and Retirement Confidence.

1 min read
Source: MarketWatch
The State of American Savings and Retirement Confidence.
Photo: MarketWatch
TL;DR

Americans' personal savings rate rose to 5.1% in March, up from 4.8% in February, and hit $1 trillion. People are cutting back on spending and saving for a rainy day. The best places to store cash include I-bonds, CDs, and online savings accounts.

Topics:businesspersonal-finance#cds#i-bonds#online-savings-accounts#personal-finance#savings
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  1. Americans’ personal savings just hit $1 trillion. What’s the best place to store your cash?  MarketWatch
  2. Where Did Americans' Savings Go?  CNBC
  3. Retirement confidence in the US tanks by largest margin since the Great Recession  Yahoo Finance
  4. AARP Financial Security Trends Survey, January 2023  AARP
  5. Retirement Readiness Linked To Longevity Literacy  FedSmith.com

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