Mean household retirement wealth by source and wealth percentile, ages 50-59, 2019 (thousands)
Percentile | Defined Contribution | Defined Benefit | Social Security |
---|---|---|---|
10th | $3 | $2 | $105 |
25th | $10 | $3 | $178 |
50th | $53 | $44 | $295 |
75th | $229 | $458 | $362 |
90th | $492 | $1,529 | $412 |
Notes: Households are ranked by total wealth, including non-retirement wealth (not shown). Statistics shown are the mean of wealth for households within +/- 5 percentage points of the cut point (e.g. households in the "10th percentile" are really those in the 5thβ15th percentile).
Source: Jacobs, Lindsay, Elizabeth Llanes, Kevin Moore, Jeffrey Thompson, and Alice Henriques Volz. 2021. βWealth Concentration in the United States Using an Expanded Measure of Net Worth,β Federal Reserve Bank of Boston Research Department Working Paper No. 21-6.