The U.S. retirement market was valued at $27.2 trillion at theend of the third quarter this year, according to the InvestmentCompany Institute.
That marked a full $1 trillion gain from the end of the secondquarter in 2017, and nearly $10 trillion more than at the end of2010.
Government and private sector-sponsored defined benefit plans,defined contribution plans, IRAs, and annuity reserves are countedby the ICI. Social Security benefits are not.
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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.
