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
Previous chart: « Share of participating workers age 51–56 in various retirement plans, by education, 1992–2004
Next chart: Total state budget shortfall in each fiscal year, 2002–2005, 2009–2013 (billions) »