Figure 34
Median savings in retirement accounts of households age 26–79, by education, 1989–2010 (2010 dollars)
Year | College degree or more education | High school diploma or GED | Some college | No high school diploma/GED |
---|---|---|---|---|
1989 | $26,312 | $13,493 | $15,180 | $16,866 |
1992 | $32,595 | $15,161 | $18,193 | $10,612 |
1995 | $32,576 | $21,245 | $22,661 | $13,455 |
1998 | $46,686 | $22,409 | $26,678 | $16,007 |
2001 | $61,268 | $22,057 | $24,507 | $12,254 |
2004 | $74,792 | $23,013 | $24,164 | $14,268 |
2007 | $78,576 | $30,383 | $33,526 | $15,715 |
2010 | $76,000 | $25,000 | $27,000 | $16,300 |
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. Median balances are for households with positive savings in these accounts.
Source: Authors' analysis of Survey of Consumer Finance microdata
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