Figure 21
Retirement account savings of households age 26–79 as a percent of income, by income fifth, 1989–2010
| Year | Top | Fourth | Middle | Second | Bottom |
|---|---|---|---|---|---|
| 1989 | 43% | 24% | 22% | 25% | 11% |
| 1992 | 59% | 36% | 23% | 18% | 14% |
| 1995 | 73% | 44% | 37% | 40% | 34% |
| 1998 | 86% | 61% | 47% | 40% | 23% |
| 2001 | 90% | 81% | 63% | 43% | 31% |
| 2004 | 108% | 75% | 54% | 30% | 26% |
| 2007 | 105% | 99% | 67% | 46% | 16% |
| 2010 | 134% | 91% | 76% | 44% | 58% |
Note: Retirement account savings include savings in 401(k) and other defined-contribution plans, IRAs (including employer-sponsored SEP IRAs and SIMPLE IRAs) and Keogh plans for small businesses.
Source: Authors' analysis of Survey of Consumer Finance microdata
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