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Americans are ill-prepared for a financial emergency. Some 37% of Americans can't afford an unexpected expense over $400, and almost a quarter (21%) have no emergency savings at all, according to new Empower research, "In Case of Emergency: How America saves for the unexpected."
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Lynn Cavanaugh
Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast, American Media and Harris Publications.
