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Salt Lake City – A new survey from Wells Fargo of adults in the Salt Lake, Summit and Davis counties, found that 66 percent feel they are either in good or great shape physically, but fewer than half reported being financially healthy.
The online survey conducted late last year of 300 adults ages 25 to 75 found that only 40 percent feel they are in good or great financial shape to retire comfortably, and 44 percent said they have enough savings set aside for emergencies.
Similarly, only 43 percent of households with children feel they are in good or great financial shape to cover their children’s educational expenses.
“Our survey showed that two of the biggest obstacles to getting financially fit are not knowing the best approach, and sticking to a savings plan. With that in mind, we have several tips to help people get started,” said Susan Mayo, Wells Fargo Regional Director, The Private Bank in Salt Lake City.
Six Tips to Financial Fitness