Retirement Savings by Age Range — We’re All Broke
August 28, 2009
Is this really how much people have saved up? The quote below is from Bargaineering but the data is from Employee Benefit Research Institute.
The EBRI’s report has a ton of detailed information on almost everything you might want to know about retirement savings and participation, from defined contribution plans to IRAs. For the purposes of our comparisons, I’ll just look at the age breakdown (2007 figures adjusted to 2009):
< 35: $6,306
35 – 44: $22,460
45 – 54: $43,797
55 – 64: $69,127
65 – 75: $56,212
75+: (sample size insufficient)
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