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

Year College degree or more education High school diploma or GED Some college No high school diploma/GED
1989 58% 33% 41% 15%
1992 61% 35% 42% 14%
1995 64% 41% 47% 19%
1998 67% 42% 52% 21%
2001 75% 46% 54% 18%
2004 69% 44% 48% 16%
2007 74% 43% 53% 22%
2010 70% 41% 49% 17%

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.