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re: The Percentage of Americans With Less Than $1,000 in Savings Is Shocking
Posted on 12/20/19 at 8:42 am to TheHarahanian
Posted on 12/20/19 at 8:42 am to TheHarahanian
quote:
And my point is that there should be no expectation for young people to have savings. If that’s included in the total %, it’s blowing the number up unrealistically.
If anything, olds with pensions are the ones skewing the data
1
Posted on 12/20/19 at 8:55 am to GreatLakesTiger24
quote:
If anything, olds with pensions are the ones skewing the data
There’s no way to know that without seeing the percentage of the whole each age range represents. If 18-24 is 20% of the sampled population, then I know the numbers are skewed by about 20% because I don’t expect savings in that range. If old pensioners represent 2% of the whole, they aren’t skewing much.
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