Retirement Savings — How Are They Faring?

Retirement Savings Update -- Urban Institute

Retirement Savings Update -- Urban Institute

“The stock market lost 56 percent of its value between September 30, 2007, and March 9, 2009. These losses reduced the retirement savings of American households. Recently, however, a good portion of these losses has been reversed. Equities gained 53 percent between March 9, 2009 and August 31, 2009.”

The Urban Institute offers a brief fact sheet answering the question How is the Financial Crisis Affecting Retirement Savings?

The net assessment is “that retirement accounts are well off their lows. These accounts gained approximately $1.5 trillion (29 percent) between March 9, 2009 and August 31, 2009.”

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Published in: on September 15, 2009 at 11:36 am  Leave a Comment  

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