The topic of average savings is always in the spotlight. Looking at the data, you may have had an impatient experience of saying, “Everyone is saving so much.” On the other hand, did you know that there are surprisingly many households with “zero savings”? Introducing the amount of savings and the percentage of households with zero savings using generational data.

  • What is the percentage of “zero savings” households by generation?

How much are you saving by generation?

According to the “Polster Survey on Financial Behavior of Households in the First Year of the Ordinance” by the Central Committee for Financial Affairs, the average amount of financial assets held (savings) for households with two or more people is 11.39 million yen, and the median is 4.19 million yen. I did. Of these, if we focus only on households that own financial assets, the average is 15.37 million yen and the median is 8 million yen. The average amount of financial assets held by single-person households was 6.45 million yen, with a median of 450,000 yen, and for households with financial assets alone, the average was 10.59 million yen, with a median of 3 million yen.

Next, the amount of savings by generation is as follows.


・ Including households that do not own financial assets
20s Average 1.65 million yen Median 710,000 yen
30s Average 5.29 million yen Median 2.4 million yen
40s Average 6.94 million yen Median 3.65 million yen
50s Average 11.94 million yen Median 6 million yen
60s Average 16.35 million yen Median 6.5 million yen
70 years old and over Average 13.14 million yen Median 4.6 million yen

・ Households with financial assets
20s Average 2.2 million yen Median 1.65 million yen
30s Average 6.4 million yen Median 3.55 million yen
40s Average 8.8 million yen Median 5.5 million yen
50s Average 15.74 million yen Median 10 million yen
60s Average 22.03 million yen Median 12 million yen
70 years old and over Average 19.78 million yen Median 11 million yen


・ Including households that do not own financial assets
20s Average 1.06 million yen Median 50,000 yen
30s Average 3.59 million yen Median 770,000 yen
40s Average 5.64 million yen Median 500,000 yen
50s Average 9.26 million yen Median 540,000 yen
60s Average 13.35 million yen Median 3 million yen
*

・ Households with financial assets
20s Average 1.98 million yen Median 800,000 yen
30s Average 5.72 million yen Median 3 million yen
40s Average 9.72 million yen Median 3.75 million yen
50s Average 14.96 million yen Median 4.2 million yen
60s Average 19.3 million yen Median 8.45 million yen
*

Not surprisingly, the data for only households saving money shows that the amount of savings is high for both households with two or more people and single-person households. For example, a single-person household with financial assets has a median of 800,000 yen in their 20s, but a median of 3 million yen in their 30s. Even if you live alone, you can see that “people who have a good amount of money are saving”.

Comparing households with two or more people and single-person households, there are various differences in the amount of savings for each generation. For example, looking at households with financial assets of two or more households, the median value is 5.5 million yen in the 40s, but it has increased to 10 million yen in the 50s.

On the other hand, the median value of single-person households in their 40s is 3.75 million yen, while that in their 50s is 4.2 million yen, which is not a large increase, but in their 60s it is 8.45 million yen.

In addition, the median value of households with financial assets of two or more people has exceeded 10 million yen since their 50s. Considering the factors behind the changes in life stages, it seems that there are various discoveries.

The percentage of households with zero savings by generation

So far, we have introduced the average and median savings, but how many households have “zero savings”? According to the same survey, 23.6% of households with two or more people and 38.0% of single-person households are households without financial assets, that is, households with zero savings. By generation, it is as follows.


20s 22.9%
30s 15.8%
40s 18.7%
50s 21.8%
60s 23.7%
70 years and over 31.1%


20s 45.2%
30s 36.5%
40s 40.5%
50s 37.2%
60s 29.8%
*

Comparing the two, the highest proportion of households with zero savings is in single-person households. Nearly half of people in their 20s do not save, and about 40% of households in their 30s and 50s do not save. Even in their 60s, who are retiring, about 30% have zero savings.

On the other hand, in households with two or more people, the percentage that was high in the 20s decreased once in the 30s and 40s, but increased again from the 50s, and about 30% of the 70s and older have zero savings and each generation. It is the highest of them.

The financial assets mentioned here are deposits and savings, savings-type life insurance, bonds, stocks, investment trusts, and so on. Above all, with regard to deposits and savings, it refers to the “savings portion for investment and future” excluding the amount for daily deposits and withdrawals and withdrawals. In other words, a household with zero savings does not necessarily mean that you have no money in your bank account.

However, conversely, it means that there are no assets other than the money used for living expenses. Even if this does not hinder your daily life, it can be a problem when you have unexpected expenses. Also, I’m particularly worried that I haven’t saved since I was old.

We would like to systematically save money every month by incorporating a mechanism of “pre-emptive savings” such as automatic savings time deposits at banks, but first of all, you can save 500 yen coins. If you don’t save at all, you can start with a small amount, so get in the habit of saving right away.

Zero Savings Households Start Saving Today

If you look at your average savings, you’ll compare it to other households, but don’t worry too much about it. Use the savings of the same generation as yourself as a guide only.

On the other hand, if you have zero savings, please start saving today. The difference between “zero savings” and “a little savings” is very big mentally.

* No data for single-person households over 70 years old