Figure 15
Mean household savings in retirement accounts, by age group, 1992–2010 (2010 dollars)
| Year | 26–31 | 32–37 | 38–43 | 44–49 | 50–55 | 56–61 | 62–67 |
|---|---|---|---|---|---|---|---|
| 1992 | $6,696 | $11,712 | $21,387 | $41,756 | $70,615 | $63,507 | $42,968 |
| 1998 | $10,319 | $27,487 | $44,867 | $59,873 | $85,260 | $107,220 | $106,267 |
| 2004 | $10,862 | $25,287 | $50,579 | $76,344 | $120,228 | $148,202 | $139,333 |
| 2010 | $11,551 | $24,134 | $45,230 | $79,737 | $129,433 | $163,943 | $195,314 |
Note: Retirement account savings include savings in 401(k) and other defined-contribution plans, IRAs (including employer-sponsored SEP IRAs and SIMPLE IRAs) and Keogh plans for small businesses.
Source: Authors' analysis of Survey of Consumer Finance microdata
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