Which of the following statements is TRUE?

Responses

The majority of Americans have an adequate emergency fund
The majority of Americans have an adequate emergency fund

The majority of Americans have sufficient amounts of money saved for retirement
The majority of Americans have sufficient amounts of money saved for retirement

The majority of Americans have an adequate emergency fund, but do NOT have sufficient amounts of money saved for retirement
The majority of Americans have an adequate emergency fund, but do NOT have sufficient amounts of money saved for retirement

The majority of Americans do NOT have an adequate emergency fund or sufficient amounts of money saved for retirement
The majority of Americans do NOT have an adequate emergency fund or sufficient amounts of money saved for retirement

1 answer

The statement that is generally considered TRUE is:

The majority of Americans do NOT have an adequate emergency fund or sufficient amounts of money saved for retirement.

Surveys and studies often indicate that many Americans struggle to save adequately for both emergencies and retirement, highlighting financial insecurity among a significant portion of the population.