Figure 9
Retirement account savings of households age 26–79 as a percent of income, 1989–2010
Year | All |
---|---|
1989 | 34% |
1992 | 45% |
1995 | 58% |
1998 | 70% |
2001 | 80% |
2004 | 87% |
2007 | 93% |
2010 | 110% |
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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