Share of households age 26–79 with savings in retirement accounts, by income fifth, 1989–2010

Year Top Fourth Middle Second Bottom
1989 75% 52% 38% 16% 4%
1992 78% 56% 38% 24% 6%
1995 78% 64% 48% 28% 9%
1998 81% 69% 54% 30% 10%
2001 87% 75% 54% 34% 14%
2004 85% 70% 53% 30% 10%
2007 88% 74% 55% 36% 11%
2010 88% 70% 52% 31% 11%

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

View the underlying data on epi.org.