Fifty-two percent of Americans say they aren’t saving adequately, 17% aren’t saving anything at all, and 79% think Americans aren’t saving adequately, a survey by the Consumer Federation of America and Wachovia of 2,000 adults found. Among various demographic groups, 86% those with a college education said they don’t think Americans are saving adequately.

However, 68% said they have adequate savings for such an emergency as a car repair or dental treatment, 58% said they have enough put away to pay for household expenses for a few months, should they lose their job, and 53% said they are saving adequately for retirement. But when both short- and long-term financial needs are accounted for, only 44% said they are saving adequately.

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