The good news: Most Americans have a savings account. The bad news: It's not enough.
According to data compiled by independent research firm Next Advisor, 25 percent of U.S. families reported having no savings at all in 2012, and 40 percent say that they are not saving for retirement.
The average household debt in the U.S. is about $117,000, according to the findings, while the average savings account balance for those who are managing to save is $3,800. What's more, it's difficult for that savings to grow, since the average annual percentage yield for savings accounts is a paltry 0.01 percent.
For more stats on U.S. savings take a look at the infographic below.