Retirement Savings Percentile Comparison Calculator by Age

Compare the amount you have saved or plan to have saved for retirement compared to others from the 2013 Survey of Consumer Finances. The retirement savings include IRAs, 401ks, Thrift Savings Accounts, and pensions. Because there are differences with pre-tax and post-tax valuations of retirement accounts and calculating the net present value of a pension or annunity, just use your best guess. The numbers from the survey are probably also valuing their financial assets inconsistently. If you’re looking for retirement help, check out Personal Capital for Retirement Planner – A Retirement Calculator Like No Other (Sponsored Link).

From Age:
To Age:
Retirement Savings: $

Retirement Ranking

A retirement account value of $0 for ages 45 to 55 ranks at: 40.25%

This means that for every 100 people there are about 40 who have less or the same.

For reference, here is how much you would have to have to rank at certain percentiles for ages 45 to 55
90% $386,000  
75% $112,900  
50% $12,000  
25% $0  
10% $0  

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These results are based off of 1403 individual samples where the head of household was age 45 to 55 and are weighted to represent 5164310 American households.

The numbers are based off of the retirement results of the 2016 Survey of Consumer Finances by the Federal Reserve. I used R to separate one of the five imputations with the sample replicatant weights from the Federal Reserve. If you want to do your own analysis check out the raw data, and also check out this guide on how to import the data into R The number of samples per age vary quite a bit, so you might get unusual results for certain ages.

14 thoughts on “Retirement Savings Percentile Comparison Calculator by Age”

  1. also, are the retirement percentage distributions ranked according to networth percent or retirement account percent (these could be different as someone within the 90th percentile of net worth could have a lower retirement account value than someone at the 90th percentile according to retirement account value)

    1. They’re ranked only using retirement account values. So the rest of the household’s financials don’t impact the rankings.

  2. Can you confirm that you are measuring in terms of households for the financial well being calculator (in addition to retirement and net worth calcs). I am not sure what a consumer unit is that you refer to in the financial well being calculator so checking if we are measuring on a personal or household basis. thanks much

    1. Yeah so this is the definition of a consumer unit:

      A consumer unit consists of any of the following:
      (1) All members of a particular household who are related by blood, marriage, adoption, or other legal arrangements;
      (2) a person living alone or sharing a household with others or living as a roomer in a private home or lodging house or in permanent living quarters in a hotel or motel, but who is financially independent; or
      (3) two or more persons living together who use their incomes to make joint expenditure decisions.

  3. On net worth I’m only at 91%, but 98% for retirement savings. Now, I understand why – I have a smaller home and not much savings outside of 401k, but, seems to me, that for the age group I’m testing (57 to 58), that pretty much all the savings you have are retirement savings, other than maybe your home equity.

    1. You can include a pension into the mix by calculating the net present value of the pension. Google ‘pension net present value’ and there are simple guides on how to do this accurately.

  4. Does the SCF include pensions in their net worth/financial asset calculation? I know they include 401ks, and defined contribution plans, but do they include DB plans/pensions? I ask because above you say to calculate value of pensions. Unless they are include only if part of a lump sum rollover/payment? Thanks

    1. Short answer: yes.

      Long answer: yes you are supposed to, but most people in the survey likely don’t include the net present value of their pension. The reasons they may not include this info is:
      1) they don’t realize they have a pension (oh, you’d be surprised);
      2) they don’t realize the pension has a current value (not as surprising);
      3) they know the pension has a value, but do not understand what it is (most people).

  5. I have a few companies and I am working on a few nobel prizes. If you know of any other ceos working on their own terms start ups ip inside beltway 8 houston please contact me. I have not had a boss since 1998. What is my retirement savings percentile for houston age 47 500,000

  6. Doesn’t that depend on how much longer you plan to work and how much you plan to save? Where and how are your investment mix? It’s been my personal experience that putting aside 15 to 20% of your income into your retirement saving is a good plan. Also, don’t follow the general pundits recommendation to increase your investments into bonds as you grow older. Keep track of the financial news on how our economy is doing and don’t worry about the daily fluctuations of the stock market. Our economy has been growing at about 2% per year. That’s healthy by any standard.

      1. Does this include real estate investments as a retirement savings? I prefer to put most of my retirement savings in real estate.

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