Most Americans save almost nothing from incomes - KWWL - Eastern Iowa Breaking News, Weather, Closings

Most Americans save almost nothing from incomes

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(NBC) -

Nearly half of Americans are saving virtually nothing from their income, according to a new study. 

A new study by BankRate.com said about half of Americans are saving just 5 percent or less of their incomes. 

It said 28 percent are saving less than 5 percent of their incomes, and roughly one in five (18 percent) are saving nothing at all. 

So who are the best savers?

The study found it's the middle class, with more than one-third of the households with annual income between $50,000 and $75,000 are saving more than 10 percent of their incomes, outpacing even the highest-income households. 

Overall, the study found fewer than one in four Americans are saving more than 10 percent of their incomes. 

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