Retirement assets held steady at $24.2 trillion at the end of the third quarter, largely unchanged from the prior period, according to the latest data from the Investment Company Institute.
All told, the country’s retirement assets accounted for 36 percent of all household assets.
That’s more than twice as much as the total retirement assets that existed in 2000, and $10 trillion more than existed in 2008, when retirement assets were depleted in the wake of the financial crisis.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
