At the end of June, total U.S. retirement assets were $18.5 trillion, down 2 percent from $18.9 trillion on March 31, 2012. The decrease in retirement assets was driven by the drop in corporate equity values in the second quarter, according to the Investment Company Institute.
Retirement savings accounted for 36 percent of all household financial assets in the United States at the end of the second quarter.
Assets in individual retirement accounts totaled $5.1 trillion at the end of the second quarter, a decrease of 2 percent from the end of the first quarter. Forty-six percent of IRA assets, or $2.3 trillion, were invested in mutual funds.
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