Most families—even those approaching retirement—have little or no retirement savings: Median retirement account savings of families by age, 1989–2013 (2013 dollars)
| 32–37 | 38–43 | 44–49 | 50–55 | 56–61 | |
|---|---|---|---|---|---|
| 1989 | $0 | $542 | $0 | $1,808 | $1,808 |
| 1992 | $0 | $812 | $812 | $2,275 | $1,024 |
| 1995 | $379 | $2,429 | $3,795 | $7,589 | $4,857 |
| 1998 | $2,144 | $7,148 | $9,006 | $8,291 | $12,866 |
| 2001 | $1,313 | $6,566 | $12,607 | $14,445 | $15,759 |
| 2004 | $1,233 | $3,699 | $9,372 | $12,331 | $21,580 |
| 2007 | $1,123 | $5,951 | $15,158 | $26,386 | $35,929 |
| 2010 | $289 | $1,929 | $10,181 | $13,932 | $7,609 |
| 2013 | $480 | $4,200 | $6,200 | $8,000 | $17,000 |
Note: Scale changed for visibility. Retirement account savings include 401(k)s, IRAs, and Keogh plans.
Source: EPI analysis of Survey of Consumer Finance data, 2013.