savings by the numbers
Despite financial challenges, Americans actually have ramped up their savings during the Great Recession. Uncertainty and the destruction of household net worth have brought the savings rate up from near 1.5 percent in mid-2007 to 4.8 percent at the end of 2009. Allianz predicts that rate will rise as high as 6.5 percent by 2013.
51: percent of the 1,000 Americans surveyed said they knew the value of their assets minus their debts -- also known as their net worth.
49: percent said they save in a retirement plan at work. Twelve percent said they aren't employed.
71: percent of respondents answered that they have sufficient emergency savings to pay for unexpected expenses.
4: in 10 said they are free of consumer debt.
Sources: Consumer Federation of America, Allianz
