Retirement savings have stagnated in the new millennium: Mean retirement account savings of families by age, 1989–2016 (2016 dollars)
| 32–37 | 38–43 | 44–49 | 50–55 | 56–61 | Working-age (32–61) | |
|---|---|---|---|---|---|---|
| 1989 | $14,309 | $31,732 | $41,768 | $54,480 | $60,474 | $36,637 |
| 1992 | $12,956 | $23,658 | $46,190 | $78,114 | $70,251 | $40,521 |
| 1995 | $20,784 | $34,572 | $62,813 | $88,059 | $82,800 | $52,075 |
| 1998 | $30,405 | $49,629 | $66,228 | $94,309 | $118,600 | $67,071 |
| 2001 | $29,796 | $54,518 | $94,136 | $134,058 | $160,296 | $88,920 |
| 2004 | $27,949 | $55,904 | $84,381 | $132,885 | $163,804 | $90,570 |
| 2007 | $27,996 | $56,238 | $94,099 | $139,631 | $218,532 | $104,734 |
| 2010 | $26,676 | $49,994 | $88,136 | $143,066 | $181,210 | $99,922 |
| 2013 | $32,628 | $69,363 | $83,877 | $128,714 | $168,665 | $98,755 |
| 2016 | $32,602 | $61,933 | $113,370 | $133,626 | $243,559 | $120,809 |
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.