Retirement Assets Reach New Peak

In 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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