According to a 2017 GOBankingRates survey, more than half of Americans (57 percent) have less than $1,000 in their savings accounts.
While that's an improvement from last year, when 69 percent of Americans reported having less than $1,000 in savings, a higher percentage have no savings at all: 39 percent, up from 34 percent in 2016.
Here's the percentage of the 8,000 survey respondents who have:
$0 saved: 39 percent
Less than $1,000 saved: 18 percent
$1,000 to $4,999 saved: 12 percent
$5,000 to $9,999 saved: 6 percent
$10,000 or more saved: 25 percent
How much should you have tucked away?
While the amount you need in savings is highly personal, and specific dollar amounts can be arbitrary, Intuit's Kimmie Greene offers a simple formula to help you figure out if you're setting aside enough money.
In your 20s: Aim to save 25 percent of your overall gross pay, Greene tells CNBC Make It. That includes any retirement account contributions, matching funds from your company, cash savings or money you have invested elsewhere, like in index funds or with robo-advisers.