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Author: 2old4bs Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 744970  
Subject: Re: Retirement Confidence Survey Date: 4/27/2004 1:00 PM
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The link was working when I tried it, but the pdf files were 
encrypted and unreadable.  I found another link that had a chart
with numbers, and here they are (rounded slightly for convenience):

Total Savings and Investments(excluding home equity)

Percentages of Total Responses within Age Ranges

			All	25-34	35-44	45-54	55+

< 25K                   45	64	48	30	29
25K-50K		        11	17	11	9	5
50K-100K		9	7	10	9	10
100K-250K		10	2	9	19	13
$250K +		        8	3	7	10	13

DNK/Refused	        18	8	15	24	30

Source:  EBRI/ASEC 2004 Retirement Survey

Not a very pretty picture!
Only 13% of those 55+ have more than $250K.
Even including the Don't Know/Refused category in that
group would still only make it 43%--almost the same 
percentage (44%) as those who have less than $100K.

2old


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