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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> IRA assets

Retirement assets above 2007 peak level

Posted by RJ and Makay on Nov 04, 2011

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retirementU.S. households held $10.7 trillion in retirement assets at the end of 2010, according to Hearts and Wallets, which gathered research from the Federal Reserve Flow of Funds and U.S. Census data.  This is slightly above the previous high of $10.5 trillion in 2007 and a large increase from the $8.1 trillion bottom resulting from the 2008 stock market downturn.