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These Americans are most likely to fear an unexpected financial crisis

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Financial insecurity plagues some people more than others.

How stable are Americans’ finances? Judging by several recent studies, not a lot.

A financial emergency can spell trouble for young Americans:

49% of millennials aged 18 to 36 have insufficient funds to cover the costs of a $500 emergency compared to 34% of older adults

28% of Americans ages 37 and older said they had no money set aside to cover the cost of an unexpected emergency versus 34% of millennials

36% of older Americans said they had $8,000 or more set aside for emergency expenses, but only 15% of millennials could say the same

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