collection of head shots of older people of different races and genders (Photo: Shutterstock)

A report from the Transamerica Center for Retirement Studies finds that while savers overall have managed to sock away an average of $50,000 (estimated median) in all retirement accounts, that’s definitely not the case for all demographic groups.

In fact, according to A Compendium of Findings About U.S. Workers, the variations among those groups are pretty dramatic. While workers with an annual household income of $100,000 or more have saved an estimated median of $222,000 in all household retirement accounts, those in the $50,000–$99,000 income bracket have only come up with about $47,000.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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