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5/13/2013 0 Comments

Retirement Assets Reach New Peak

PictureIn the land of Pike's Peak
According to the 2013 Fact Book from the Investment Company Institute (IC), retirement assets have rebounded all the way from the economic downturn half a decade ago and are back at all-time highs. In 2007, retirement assets stood at $17.9 trillion. The following year, assets dropped to $14.2 trillion. As of the end of 2012, retirement assets climbed back all the way to $19.5 trillion. IRAs grew to $5.4 trillion, with rollovers comprising the lion's share of assets. DC plans also stood out, with $5.1 trillion through 2012. There is an additional $9.0 trillion in retirement assets, including $2.6 trillion in private sector DB funds. The complete Fact Book is available on ICI's website.

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    Blog Author - Ken Felsher

    With over 25 years of writing, editing, and research experience. I enjoy sharing with my readers my love of working with content on a variety of subjects.

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