Most black and Hispanic families have no retirement account savings: Share of families age 32–61 with retirement account savings by race, 1989–2016
| White non-Hispanic | Black | Hispanic | |
|---|---|---|---|
| 1989 | 57% | 26% | 22% |
| 1992 | 57% | 31% | 26% |
| 1995 | 60% | 37% | 40% |
| 1998 | 65% | 44% | 29% |
| 2001 | 67% | 47% | 39% |
| 2004 | 66% | 39% | 33% |
| 2007 | 67% | 47% | 38% |
| 2010 | 65% | 39% | 31% |
| 2013 | 65% | 41% | 26% |
| 2016 | 68% | 41% | 35% |
Note: Retirement account savings include funds in 401(k)-style defined contribution plans and in IRAs.
Source: EPI analysis of Survey of Consumer Finance data, 2016.