Your Take: How Much Savings & Investments?
I saw an eye-opening statistic this week from a retirement confidence survey done by the Employee Benefit Research Institute, a survey they do each year, in which they learned that 60% of U.S. workers had less than $25,000 in savings and investments. That means the total value of their household’s savings and investment, excluding the value of their home and defined benefit plans like pensions, was less than $25,000. Retirement confidence was low, with only 14% being “very confident” and 38% as “somewhat confident.” The survey consisted of 20 minute interviews with 1262 people age 25 and older. 1,003 were active workers while 259 were retirees.
$25,000 is not a lot of money when you count savings and investments for people over the age of 25 and it’s a unfortunate to see that only 40% of respondents had that much. I won’t try to guess why the number is so low, I’m sure there is a variety of factors (the last few years has not been good on investments and job prospects, so it’s not incredibly surprisingly the percentage is so low), but I’m curious what the breakdown is among Bargaineering readers.
I’m 32 and I, thankfully, have more than $25,000 in savings and investments.
Do you have more than $25,000 in savings & investments and how old are you?

The weather this week was amazing here in Maryland, with temperatures reaching into the 60′s, but unfortunately those numbers are set to drop to around 30 degrees over the weekend. But that little taste of warm weather has sparked my interest in wandering the various hikes in the area and how it’s one of my favorite frugal weekend experiences. A short little hike through the wilderness, dodging other hikers and mountain bikers, followed by some nice rest and relaxation sitting around doing nothing. 
So, I have a few friends who like to gamble (did my
Tell a few personal finance bloggers that you keep cash in your house and you will invariably be asked why. Why keep cash in your account when you can put it into a
A recent 
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