Single people are less likely to have retirement savings: Share of families age 32–61 with retirement account savings by gender and marital status, 1989–2016
Couple (married or living with partner) | Single men | Single women | |
---|---|---|---|
1989 | 56% | 40% | 33% |
1992 | 57% | 36% | 36% |
1995 | 64% | 37% | 41% |
1998 | 66% | 49% | 46% |
2001 | 69% | 55% | 44% |
2004 | 67% | 51% | 39% |
2007 | 69% | 50% | 47% |
2010 | 65% | 41% | 45% |
2013 | 65% | 43% | 42% |
2016 | 67% | 44% | 45% |
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.