Figure 17
Racial and ethnic gaps are large even among families with retirement savings: Median savings for families age 32–61 with retirement account savings by race, 1989–2013 (2013 dollars)
White non-Hispanic | Black | Hispanic | |
---|---|---|---|
1989 | $25,306 | $14,461 | $9,038 |
1992 | $27,621 | $12,998 | $11,373 |
1995 | $30,358 | $15,179 | $18,215 |
1998 | $42,886 | $20,013 | $20,013 |
2001 | $53,842 | $13,132 | $18,385 |
2004 | $58,944 | $22,197 | $20,963 |
2007 | $69,613 | $32,561 | $27,508 |
2010 | $62,726 | $23,577 | $26,792 |
2013 | $73,000 | $22,000 | $22,000 |
Note: Retirement account savings include 401(k)s, IRAs, and Keogh plans. Scale changed for visibility.
Source: EPI analysis of Survey of Consumer Finance data, 2013.
This chart appears in:
- Chartbook-No Figure Labels
- The State of American Retirement: How 401(k)s have failed most American workers
- The State of American Retirement: How 401(k)s have failed most American workers
- The State of American Retirement: How 401(k)s have failed most American workers
- Retirement Inequality Chartbook 2014
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