“While the focus of this study was on younger adults, we recognize that Americans at every age often need to tighten their belts to prepare for financial distress,” she said via email. “Whether you're nearing retirement or just starting off in the workforce, having an honest and realistic understanding of your current financial status is key.”

Fairfield, Calif.-based Travis Credit Union was founded in 1951 by military and civilian workers at Travis Air Force Base.

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