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Americans Can’t Afford a $400 Surprise Expense, Or Can They?
Americans Can’t Afford a $400 Surprise Expense, Or Can They?
By Reshma Kapadia July 27, 2019 8:00 am ET Photograph by Bernard Hermant
It is the kind of statistic that garners headlines and it is easy to see why: If roughly 40% of Americans would struggle covering $400 in unexpected expenses, how can they possibly save for retirement?