The U.S. Retirement Market, 2006
According to the latest Investment Company Institute study total U.S. retirement assets hit $16.4 trillion in 2006. That’s up 11% from 2005 and 55% since 2002. Almost two-thirds of retirement assets are held in employer-sponsored plans. Half the savings are in defined contribution plans (401(k)s, 403(b)s and the like, and IRAs.
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