Tag Archives: Tom Keene

Where Has All the Savings Gone?

Tom Keene and Brendan Greeley of Bloomberg asks the question, “Where have the savings of Americans gone?” In the 1980s Americans saved about 10% of their disposable incomes. Today that number is just a fraction of that, hitting a low of about 2%. It is also mentioned that of the kinds of savings, for retirement or short term, more people are opting for the short term.