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.
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.