In 2022, 88 percent of U.S. citizens who were 60 years old or older had some type of retirement savings. This information can be interpreted by the number of people in that age group without any retirement savings, which amounted to 12 percent. The share of individuals with retirement savings was lower in the younger age groups, and among adults from 18 to 29 years old, just 57 had retirement savings.
Share of adults with any retirement savings in the United States from 2021 to 2022, by age group
Characteristic
2021
2022
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Federal Reserve. (May 31, 2023). Share of adults with any retirement savings in the United States from 2021 to 2022, by age group [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1273812/adults-with-no-retirement-savings-by-age-us/
Federal Reserve. "Share of adults with any retirement savings in the United States from 2021 to 2022, by age group." Chart. May 31, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1273812/adults-with-no-retirement-savings-by-age-us/
Federal Reserve. (2023). Share of adults with any retirement savings in the United States from 2021 to 2022, by age group. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1273812/adults-with-no-retirement-savings-by-age-us/
Federal Reserve. "Share of Adults with Any Retirement Savings in The United States from 2021 to 2022, by Age Group." Statista, Statista Inc., 31 May 2023, https://www.statista.com/statistics/1273812/adults-with-no-retirement-savings-by-age-us/
Federal Reserve, Share of adults with any retirement savings in the United States from 2021 to 2022, by age group Statista, https://www.statista.com/statistics/1273812/adults-with-no-retirement-savings-by-age-us/ (last visited August 24, 2024)
Share of adults with any retirement savings in the United States from 2021 to 2022, by age group [Graph], Federal Reserve, May 31, 2023. [Online]. Available: https://www.statista.com/statistics/1273812/adults-with-no-retirement-savings-by-age-us/