Figure 6b
Recessions are most damaging to workers nearing retirement: Mean retirement account savings of families by birth cohort, 1989–2013 (2013 dollars)
| 1940–1945 | 1946–1951 | 1952–1957 | 1958–1963 | 1964–1969 | 1970–1975 | 1976–1981 | |
|---|---|---|---|---|---|---|---|
| 1989 | $40,463 | $30,741 | $13,862 | ||||
| 1992 | $63,567 | $33,565 | $16,360 | $12,143 | |||
| 1995 | $85,352 | $60,882 | $33,510 | $20,145 | |||
| 1998 | $95,371 | $76,741 | $57,068 | $34,844 | $28,935 | ||
| 2001 | $155,371 | $129,938 | $91,243 | $52,843 | $28,880 | ||
| 2004 | $149,481 | $163,774 | $98,686 | $67,816 | $36,734 | $26,832 | |
| 2007 | $211,885 | $135,384 | $91,237 | $54,527 | $27,145 | ||
| 2010 | $179,310 | $165,089 | $108,545 | $66,408 | $34,707 | $23,151 | |
| 2013 | $163,577 | $124,831 | $81,347 | $67,270 | $31,644 |
Note: Retirement account savings include 401(k)s, IRAs, and Keogh plans.
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