Financial Services » Banking » Personal Savings | Reasons why U.S. families saved 2010-2016

Reasons why families saved in the United States 2010-2016

Reasons why families saved in the United States from 2010 to 2016

The data describes the reasons why families saved in the U.S. from 2010 to 2016. In 2016, 30.3% of the surveyed families admitted that they were saving for retirement.

Liquidity	35.2	35.8	36.2
Retirement	30.1	30.5	30.3
Purchases	11.5	9.1	12.1
Education	8.2	8.6	7.2
For the family	5.7	6.3	6.9
Buying own home	3.2	3.1	4.1
Investments	1.2	1.4	1.8
No particular reason	1.4	1.2	0.6
Do not save	3.5	4.1	0.8

Reasons why families saved in the United States 2010-2016

StatInvestor