How the Savings Stack Up Total accumulated for retirement, by age group All Workers-Workers 20-39--Workers 40-59--Retirees (age 60+) Nothing 15% 22% 13% 11% $1-9,999 12 21 9 16 $10,000-$24,999 11 15 8 9 $25,000-$49,999 9 9 9 4 $50,000-$74,999 8 7 7 4 $75,000-$99,999 5 3 7 5 $100,000-$149,999 6 3 6 3 $150,000-$249,999 6 2 8 5 $250,000 or more 6 2 9 9 Don't know/refused 23 16 24 36 Source: January 2002 Retirement Confidence Survey, sponsored by Employee Benefit Research Institute and American Savings Education Council. |