I haven't looked.  As Susan Emo might say - eyes on own bank account!! 

I recently read that a startlingly low percentage of all US adults have less than $1000 in savings -- it's not just a millennial issue.  

I think that many folks in this country have no plans for their later years.

That is what i was thinking as well with my answer. Thanks for the answer Conrad Allen . I think one of the flaws os what they syudy in college has no relation to the real world jobs. Liberal arts, ancient languages maybe great if you are going into teaching, but other than that?? I am at a loss why you would pay $100,000 to even $200,000 for 4 years of a degree you wont ever use

Conrad - That doesn't really surprise me at all.

Less than a $1,000 easily applies to well over 50% of millennials!

Those are interesting stats. I had no idea. I think 37% is more shocking than the 1k in savings.

- knew it has to be a low number!

Now $1000 is even lower than I thought Conrad Allen .

I would have guessed that most would have a savings of $0.00, of course this is true for many Americans.

With interest at nearly zero there is no incentive to save.

So the question to be asked is where is their disposable income going?

Wow- that is scary!  I would think that they would have a lot saved  as a lot of them still live with mom and dad... 

Conrad Allen Maybe this is why Bernie Sanders is so popular.

Based on the third sentence in your query, the answer is $1,000.

Hard to say. Seems like many people use their checking accounts for their savings account these days.

That is sad.  But, I think that millenials covers a broad range, so some may still be in school and therefore don't have full time jobs.  Nonetheless, that's sad news (but not surprising).

Conrad, you might want to do a follow up on people in their 50's on their savings. Not a pretty sight there either.

This may be the reason they are not becoming home owners as quickly as many would prefer.

Thank you for the infromation.