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A 2016 Report on Financial Well-Being

A recent Employee Financial Wellness Survey that reports on adults nationwide who are full-time employees indicates that political uncertainty and a slow economic recovery are a few reasons that worry 52 percent of respondents in regards to their financial well-being.

One of the more interesting aspects of this report is the similarities of concerns regarding financial well-being across generations. Below, we’ve chosen a few of the more interesting findings.

Building an Emergency Fund with an Eye To Disability Insurance

Forty-six percent of adults say they either could not cover an emergency expense costing $400, or would cover it by selling something or borrowing money. This is attention-grabbing and a potential wake-up call for building an emergency fund. But an emergency fund is just the first step, financial preparedness, which includes disability awareness needs to be considered as soon as you cover your emergency funds.