Mean and median retirement account savings of full-time participating workers age 51–56, 1992–2004 (2010 dollars)
Year | Median | Mean |
---|---|---|
1992 | $22,839 | $66,841.56 |
1998 | $36,068 | $98,050.40 |
2004 | $41,554 | $103,308.94 |
Note: Data in this figure cover only workers who are participating in an employer-sponsored retirement savings plan and include total account balances for all plans in current job.
Source: Authors' analysis of Health and Retirement Study data in Gustman, Steinmeier, and Tabatabai (2010)