Retirement Savings by Age Percentile Rank Calculator [USA]

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: $
A retirement account value of 0.00 for ages 18 to 100 ranks at: 47.84%

This means that for every 100 people there are about 48 who have less or the same.

For reference, here is how much you would have to have to rank at certain percentiles for ages 18 to 100
90% 312000.00  
75% 68000.00  
50% 1200.00  
25% 0.00  
10% 0.00  

Common Searches

Retirement Savings Comparison for Ages 60 to 65
Retirement Savings Comparison for Ages 50 to 60
Retirement Savings Comparison for Ages 50 to 55
Retirement Savings Comparison for Ages 45 to 55
Retirement Savings Comparison for Ages 55 to 60
Retirement Savings Rank for 1000000.00
Retirement Savings Rank for 2000000.00
Retirement Savings Rank for 500000.00
Retirement Savings Rank for 100000.00
Retirement Savings Rank for 400000.00

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These results are based off of 6248 individual samples where the head of household was age 18 to 100 and are weighted to represent 25196340 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 http://www.r-bloggers.com/analyze-the-survey-of-consumer-finances-scf-with-r/. The number of samples per age vary quite a bit, so you might get unusual results for certain ages.

9 thoughts on “Retirement Savings by Age Percentile Rank Calculator [USA]”

  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).

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