College-educated families are much more likely to have retirement savings: Share of families age 32–61 with retirement account savings by education, 1989–2013
| No high school diploma/GED | High school diploma/GED | Some college | College degree or more | |
|---|---|---|---|---|
| 1989 | 22% | 43% | 49% | 69% |
| 1992 | 18% | 42% | 50% | 67% |
| 1995 | 23% | 49% | 57% | 71% |
| 1998 | 30% | 52% | 62% | 74% |
| 2001 | 24% | 54% | 57% | 82% |
| 2004 | 19% | 51% | 57% | 75% |
| 2007 | 27% | 52% | 61% | 79% |
| 2010 | 18% | 46% | 57% | 75% |
| 2013 | 18% | 43% | 53% | 76% |
Note: Retirement account savings include 401(k)s, IRAs, and Keogh plans. "College degree" includes associate degrees.
Source: EPI analysis of Survey of Consumer Finance data, 2013.