Figure 21
Median retirement savings for families approaching retirement (age 56-61), by education 1989-2013
| No high school diploma/GED | High school diploma or GED | Some college | College degree | |
|---|---|---|---|---|
| 1989 | $0 | $1,808 | $23,498 | $32,536 |
| 1992 | $0 | $0 | $8,611 | $61,741 |
| 1995 | $0 | $4,250 | $13,661 | $66,787 |
| 1998 | $0 | $6,433 | $12,866 | $37,168 |
| 2001 | $0 | $6,566 | $9,193 | $72,227 |
| 2004 | $0 | $4,933 | $13,565 | $90,019 |
| 2007 | $0 | $4,379 | $22,456 | $139,227 |
| 2010 | $0 | $0 | $8,681 | $73,947 |
| 2013 | $0 | $0 | $13,000 | $98,000 |
Notes: In 2013, families approaching retirement headed by someone with a high-school or GED had no savings.
Source: EPI's analysis of Survey of Consumer Finance data, 2013.
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