Retirement inequality is greater than income inequality even in peak earning years: Share of total retirement account savings and total income for families in peak earning years (age 50–55) by income quintile, 2013

Figure 15

Retirement inequality is greater than income inequality even in peak earning years: Share of total retirement account savings and total income for families in peak earning years (age 50–55) by income quintile, 2013

Retirement account savings Income
1st (Bottom) 0% 4%
2nd (Lower-middle) 4% 7%
3rd (Middle) 10% 12%
4th (Upper-middle) 23% 19%
5th (Top) 63% 59%
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Note: Based on "normal income," which may differ from actual income if a family's income in the past year was unusually high or low. Retirement account savings include 401(k)s, IRAs, and Keogh plans.

Source: EPI analysis of Survey of Consumer Finance data, 2013.

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