U.S. Retirement saving - Statistics & Facts

Published by M. Szmigiera, Jan 30, 2019
For those who wish to enjoy a comfortable lifestyle in retirement, saving is important and while the total financial assets of U.S. federal government retirement funds in 2016 amounted to around 3.89 trillion U.S. dollars - up from 3.16 trillion in 2010. With a mounting deficit, financial troubles and public debt levels at over 70 percent of GDP, the pension system is in an acute state of crisis.

Interesting statistics

In the following 4 chapters, you will quickly find the 21 most important statistics relating to "Retirement saving in the United States".

Entitlement programs such as social security have been under attack in Congress from both sides of the isle. Curtailing spending on these entitlements is among the suggestions being made as a means of lowering the national deficit. It is also being suggested that those saving accrued by middle-class seniors will be nowhere near sufficient to support their current standards of living. The most popular type of retirement savings account was the 401(k) plan in 2018. This plan allows an employee to choose between receiving compensation in cash or a portion of it gets put into a 401(k) account.

Choosing how to save for retirement can be tricky, which leads people to seek advice. A 2016 survey showed that the most popular source of information and advice was a professional financial advisor.

Retirement saving in the United States

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!

Important key figures

The most important key figures provide you with a compact summary of the topic of "Retirement saving in the United States" and take you straight to the corresponding statistics.

Retirement Saving


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