The statistic shows the average retirement account balances of Americans between 50 and 64 as of November 2010, by pension plan. On average, Americans from the bottom 25th percentile (0 - 10,800 U.S. dollars) had 281 U.S. dollars in a KEOGH pension plan, a tax deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes. The same income group had, on average, 9,160 U.S. dollars in IRA (individual retirement account) pension plans. Additional info: Retirement saving It is never too early to start thinking about retirement. Plans and provisions for our twilight years often get put off as we deal with life’s more pressing demands, and with solid economic recovery still far from guaranteed, savings plans have been impacted. Despite this, those who wish to enjoy the golden years of their life should save early and save often. There are a number of saving strategies and a number of possibilities available for retirement saving, and this can seem quite daunting and difficult to figure out at first. The U.S. Department of Labor recommends determining net worth to be a good place to start i.e., the total value of assets minus the value of debts. Having ascertained this, and judging by your age, you can start planning how to get the most out of your retirement savings. You should contemplate where you want to be and how you’re going to get there. If you have age on your side, you can afford to be aggressive and put money into riskier funds. If your fund loses in value, you have time to let it grow. However, if you are getting close to retirement, more intensive and low-risk saving methods are recommended.
The average monthly Social Security payment to retired workers amounted to ******** U.S. dollars in 2023. This was an increase from the previous year, when the average monthly payment amounted to ******* U.S. dollars.
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Retirement Age Men in the United States increased to 66.83 Years in 2025 from 66.67 Years in 2024. This dataset provides - United States Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The statistic above provides information about the average retirement age in the United States from 1900 to 2012. Most of the people were about 76 years old when they ended work in 1900, while the generation in 2010 was aged 64. Additional information on the retirement age in the United States Societal changes, technological advancements and domestic social welfare pension policies have all contributed to a general lowering of the average retirement age. Although the average retirement age has remained relatively steady between ** and ** for decades, age demographic disparities are set to threaten the continence of this trend. The retirement age is similarly low in other developed countries subject to the same trend. The average retirement age of workers in the United States and the effect it has on the wider economy and society has become an important focus. In recent years many countries, including the United States, have acknowledged the issue of aging populations and the potential strain this may put on the economy. The danger lies in rising pension payments and gaps in the labor force upon the looming retirement of the so-called baby boom generation born following the Second World War. While there is a commonly accepted consensus that the government should play at least a role in the provision of financial means to retirees, policy action in regard to this growing problem has been minimal. Such an approach will do little to minimize the existing fears held by retirees over payment of basic needs and medical expenses. Perhaps as a response to these concerns, many current workers in the United States expect to continue working in a full or part time capacity upon reaching the retirement age.
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This dataset provides values for RETIREMENT AGE MEN reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
Americans start managing their retirement finances early in life, thanks to many financial instruments and products for those who want save money for their late years. As the graph shows, retirement savings increase with age. The age group boasting the highest average value of retirement savings are individuals between 65 and 69, with over ******* thousand. As many people start retiring, retirement savings start decreasing for individuals over 70 years of age.
As of January 1, 2025, retirees in Russia received a gross pension of approximately ******** Russian rubles on average, or ****U.S. dollars per month at the exchange rate as of May 16, 2025. The reform of 2019 introduced a retirement age hike to gradually increase the retirement age to 60 years for women and 65 years for men until 2028. Pensions in Russia are guaranteed by the state, like in many European countries. Pension growth in Russia The amount of retirement benefits in Russia increased by roughly ******* Russian rubles, or *** percent, over the course of 2024. The pensions increased more significantly than prices in the country, as Russia's annual inflation rate stood at around *** percent in the same year. Pensioners in Russia Despite the increase in pension amounts, there has been a decrease in the number of individuals entitled to receive pensions until the start of 2024. As of January 1, 2025, the number of pensioners in Russia reached roughly **** million, more than a year prior. That corresponded to nearly *** pensioners per 1,000 population.
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This dataset provides values for RETIREMENT AGE WOMEN reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
As of 2023, the average benefit forecast of U.S. military retirees was 2,570 U.S. dollars. This number is expected to increase over the next decade, reaching 3,450 U.S. dollars by 2033. A forecast of the number of military retirees over the same time period can be accessed here.
Americans start managing their retirement finances early in life, also thanks to many financial instruments and products for those who want save money for their late years. This is true also for the wealthiest one percent of the population. Among top one percent individuals, those between 65 and 69 years saved on average nearly *** million U.S. dollars for retirement.
The average growth rate for the ** largest pension markets worldwide was estimated to be **** percent between 2022 and 2023, and the ten-year compound annual growth rate until 2023 was estimated to be 3.8 percent. Retirement savings in pension funds grew during the last decade and the amount of worldwide pension assets reached new heights in 2021, which can be partially explained by a higher share of working-age population investing in pension plans. Which is the largest pension market? The largest pension market worldwide is the United States, where the total pension fund assets was almost ** times larger than in the United Kingdom, which is the second largest pension market worldwide. Despite some fluctuations during the last decade, the U.S. pension assets grew overall, and as with the worldwide pension assets, reached the highest value in 2020. Pension assets to GDP Despite its relatively small population size, the Netherlands was the fourth largest pension market worldwide, after the United States, United Kingdom, and Canada. The pension market in Netherlands was also the largest market worldwide when compared to the size of its own economy, followed by Canada, Australia, and Spain.
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United States CSI: Savings: Primary Residence Current Mkt Value: Median data was reported at 240,388.000 USD in May 2018. This records an increase from the previous number of 238,571.000 USD for Apr 2018. United States CSI: Savings: Primary Residence Current Mkt Value: Median data is updated monthly, averaging 196,827.000 USD from Aug 1990 (Median) to May 2018, with 170 observations. The data reached an all-time high of 254,167.000 USD in Jul 2017 and a record low of 75,457.000 USD in Aug 1990. United States CSI: Savings: Primary Residence Current Mkt Value: Median data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H026: Consumer Sentiment Index: Savings & Retirement. What is the current market value of your home? (If you sold it today, how much would it bring in?)
In 2023, the average expenditure on personal insurance and pensions in the United States amounted to 9,556.29 U.S. dollars per consumer unit, the highest number recorded in the timeline analyzed. The share of Americans over 64 years is forecast to rise until at least 2050, which will increase the proportion of the population reliant on private retirement savings, and Social Security benefits.
The average monthly Social Security payment to retired male workers in the United States amounted to ***** U.S. dollars in 2023. This was an increase from the previous year, when retired male workers received about ***** U.S. dollars per month.
The statistic shows the anticipated sources of retirement income of Baby Boomers in the United States as of 2016. In that year, U.S. Baby Boomers expected that 40 percent of their expenses in retirement would be covered from personal savings.
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United States CSI: Savings: Stock Mkt Invts Current Val Increase: Median data was reported at 103,947.000 USD in May 2018. This records a decrease from the previous number of 108,184.000 USD for Apr 2018. United States CSI: Savings: Stock Mkt Invts Current Val Increase: Median data is updated monthly, averaging 70,766.500 USD from Jan 1990 (Median) to May 2018, with 246 observations. The data reached an all-time high of 149,333.000 USD in Oct 2015 and a record low of 10,435.000 USD in Mar 1990. United States CSI: Savings: Stock Mkt Invts Current Val Increase: Median data remains active status in CEIC and is reported by University of Michigan. The data is categorized under Global Database’s USA – Table US.H026: Consumer Sentiment Index: Savings & Retirement. Suppose that tomorrow someone were to invest one thousand dollars in a type What do you think is the percent chance that this one thousand dollar investment will increase in value in the year ahead, so that it is worth more than one thousand dollars one year from now?
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United States Avg Hourly Earnings: EH: Continuing Care Retirement Communities data was reported at 18.230 USD in May 2018. This records a decrease from the previous number of 18.250 USD for Apr 2018. United States Avg Hourly Earnings: EH: Continuing Care Retirement Communities data is updated monthly, averaging 15.840 USD from Mar 2006 (Median) to May 2018, with 147 observations. The data reached an all-time high of 18.260 USD in Jan 2018 and a record low of 14.150 USD in Apr 2006. United States Avg Hourly Earnings: EH: Continuing Care Retirement Communities data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.G032: Current Employment Statistics Survey: Average Weekly and Hourly Earnings.
By 22034033, the number of military retirees in the United States is expected to reach 2.37 million; an increase from an estimated 2.27 million retirees in 2024. Military retirement pay In the U.S., military retirement refers to pension and benefit plans for those who have accumulated 20 or more years of active service. There are different factors that influence how much is paid out to different veterans, which includes length of service, disability percentage, the year the person entered the military, and type of retirement. The total payment for military retirees is expected to continue to increase, as well as their average benefits. However, the total outlays for the military retirement trust fund is expected to fluctuate, but ultimately rise over the next decade. U.S veterans The United States has one of the largest militaries in the world based on active personnel and has the largest defense budget in the world. However, many veterans in the U.S. struggle to find a job and find affordable housing when they return from deployment due to factors such as post-traumatic stress disorder and physical disabilities. The Department of Veteran Affairs seeks to help those coming back from training or combat assimilate back into everyday life.
In 2023, about 17.7 percent of the American population was 65 years old or over; an increase from the last few years and a figure which is expected to reach 22.8 percent by 2050. This is a significant increase from 1950, when only eight percent of the population was 65 or over. A rapidly aging population In recent years, the aging population of the United States has come into focus as a cause for concern, as the nature of work and retirement is expected to change to keep up. If a population is expected to live longer than the generations before, the economy will have to change as well to fulfill the needs of the citizens. In addition, the birth rate in the U.S. has been falling over the last 20 years, meaning that there are not as many young people to replace the individuals leaving the workforce. The future population It’s not only the American population that is aging -- the global population is, too. By 2025, the median age of the global workforce is expected to be 39.6 years, up from 33.8 years in 1990. Additionally, it is projected that there will be over three million people worldwide aged 100 years and over by 2050.
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United States AHE: sa: PW: EH: Continuing Care Retirement Communities data was reported at 22.510 USD in Mar 2025. This records an increase from the previous number of 22.370 USD for Feb 2025. United States AHE: sa: PW: EH: Continuing Care Retirement Communities data is updated monthly, averaging 13.110 USD from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 22.510 USD in Mar 2025 and a record low of 6.770 USD in Jan 1990. United States AHE: sa: PW: EH: Continuing Care Retirement Communities data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.G076: Current Employment Statistics: Average Hourly Earnings: Production Workers: Seasonally Adjusted.
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The statistic shows the average retirement account balances of Americans between 50 and 64 as of November 2010, by pension plan. On average, Americans from the bottom 25th percentile (0 - 10,800 U.S. dollars) had 281 U.S. dollars in a KEOGH pension plan, a tax deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes. The same income group had, on average, 9,160 U.S. dollars in IRA (individual retirement account) pension plans. Additional info: Retirement saving It is never too early to start thinking about retirement. Plans and provisions for our twilight years often get put off as we deal with life’s more pressing demands, and with solid economic recovery still far from guaranteed, savings plans have been impacted. Despite this, those who wish to enjoy the golden years of their life should save early and save often. There are a number of saving strategies and a number of possibilities available for retirement saving, and this can seem quite daunting and difficult to figure out at first. The U.S. Department of Labor recommends determining net worth to be a good place to start i.e., the total value of assets minus the value of debts. Having ascertained this, and judging by your age, you can start planning how to get the most out of your retirement savings. You should contemplate where you want to be and how you’re going to get there. If you have age on your side, you can afford to be aggressive and put money into riskier funds. If your fund loses in value, you have time to let it grow. However, if you are getting close to retirement, more intensive and low-risk saving methods are recommended.