Retirement assets increased in 2009

As of September 30, 2009, retirement savings accounted for 35 percent of all household financial assets, up 7.9 percent from June.

By Danielle Andrus | February 10, 2010 at 07:00 PM

As of September 30, 2009, retirement savings accounted for 35 percent of all household financial assets, up 7.9 percent from June.
Defined-contribution plans held almost $4 trillion in third quarter 2009, up from $3.6 trillion; 401(k) fund assets rose from $2.4 trillion to $2.7 trillion.
Assets in lifecycle funds grew 20.1 percent and managed $233 billion.

Source: Investment Company Institute

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