Mean savings in retirement accounts of households age 26–79, by race/ethnicity, 1989–2010 (2010 dollars)
| Year | White, non-Hispanic | Black | Hispanic |
|---|---|---|---|
| 1989 | $29,447 | $5,363 | $6,438 |
| 1992 | $32,992 | $7,050 | $4,745 |
| 1995 | $43,120 | $8,981 | $17,920 |
| 1998 | $57,573 | $14,931 | $13,184 |
| 2001 | $82,406 | $15,835 | $15,440 |
| 2004 | $87,590 | $21,912 | $11,491 |
| 2007 | $100,300 | $26,026 | $21,089 |
| 2010 | $109,122 | $17,081 | $17,239 |
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. In this figure, “black” and “Hispanic” are not mutually exclusive categories, so a black person of Hispanic origin will be included in both categories.
Source: Authors' analysis of Survey of Consumer Finance microdata