Figure 24
Median retirement savings for families approaching retirement (age 56-61), by household type, 1989–2013
Married | Single male | Single female | |
---|---|---|---|
1989 | $16,268 | $0 | $0 |
1992 | $12,673 | $0 | $0 |
1995 | $13,661 | $0 | $0 |
1998 | $28,876 | $0 | $715 |
2001 | $31,517 | $0 | $1,248 |
2004 | $59,191 | $16,031 | $0 |
2007 | $78,596 | $8,982 | $5,614 |
2010 | $38,581 | $0 | $0 |
2013 | $51,700 | $0 | $0 |
Note: In most years, the median single individual or single-headed family approaching retirement age had no savings in retirement accounts.
Source: EPI's analysis of Survey of Consumer Finance data, 2013.
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