Photo by PoPville flickr user ekelly80
A reader writes:
I see that you do polls from time to time. I have always wondered how I compare realistically to my peers in financial security. I know what they say in a “perfect” world you should have X amount in your 401K by a certain age and a minimum of a 6 month emergency fund in savings, but living in the real world being a single person in a very expensive town those numbers seem to be far out of reach.
I would love to see two polls set up, one for Single People and one for Married/Partnered that show…..
Retirement Savings (401K, Bonds, Stocks, anything you save but can’t get your hands on tomorrow to spend)
Emergency Fund (savings accounts, mattress stuffing, anything you put away in case you need it and can reach it quickly)
Unfortunately to put all the data you suggested would require a survey rather than a poll and the survey software I have won’t show the results to you. So maybe folks will specify their specific situation in the comments.
And also be curious to know at what age people they’ll realistically be able to retire?
But in the meantime here is a general poll question asking how much folks have saved for retirement: