Most black and Hispanic families have no retirement account savings: Share of families age 32–61 with retirement account savings by race, 1989–2013
White non-Hispanic | Black | Hispanic | |
---|---|---|---|
1989 | 57% | 26% | 22% |
1992 | 57% | 31% | 26% |
1995 | 60% | 37% | 40% |
1998 | 65% | 44% | 29% |
2001 | 67% | 47% | 39% |
2004 | 66% | 39% | 33% |
2007 | 67% | 47% | 38% |
2010 | 65% | 39% | 31% |
2013 | 65% | 41% | 26% |
Note: Retirement account savings include 401(k)s, IRAs, and Keogh plans.
Source: EPI analysis of Survey of Consumer Finance data, 2013.