The document examines retirement savings levels among today's retirees based on a 2012 survey. It finds that one-quarter of retirees have less than $1,000 in savings, while just over half have at least $10,000. Around one-third are able to afford one year in a private nursing home. About one-quarter have over $100,000 in savings, while only 15% have savings exceeding $250,000. In general, the document suggests that many retirees are underprepared financially for multi-decade retirements based on the levels of savings reported.

1. For many retirees, living comfortably
in retirement would mean having enough
savings to last for up to 30 years.
How prepared are
today’s retirees for living
a comfortable retirement?

2. How big are retirees’ nest eggs?
Total Savings and Investment Reported by Retirees (2012)
Over Over Over Over Over
$1,000 $10,000 $50,000 $100,000 $250,000
One-in-four
current
retirees has 72%
less than
$1,000 in
savings
Source for data: Employee Benefit Research Institute and Mathew Greenwald & Associates, Inc.,
2012 Retirement Confidence Survey. Figure 19. www.ebri.org

3. How big are retirees’ nest eggs?
Total Savings and Investment Reported by Retirees (2012)
Over Over Over Over Over
$1,000 $10,000 $50,000 $100,000 $250,000
Just
over half
have at least 52%
$10,000 in
savings
Source for data: Employee Benefit Research Institute and Mathew Greenwald & Associates, Inc.,
2012 Retirement Confidence Survey. Figure 19. www.ebri.org

4. How big are retirees’ nest eggs?
Total Savings and Investment Reported by Retirees (2012)
Over Over Over Over Over
$1,000 $10,000 $50,000 $100,000 $250,000
Around
one-third
are able to
afford at least
one year in a 35%
private
nursing home
Avg. annual cost: $77,000
Source: Genworth 2011
Cost of Care Survey Source for data: Employee Benefit Research Institute and Mathew Greenwald & Associates, Inc.,
2012 Retirement Confidence Survey. Figure 19. www.ebri.org

5. How big are retirees’ nest eggs?
Total Savings and Investment Reported by Retirees (2012)
Over Over Over Over Over
$1,000 $10,000 $50,000 $100,000 $250,000
About
one-
quarter
of retirees
have
a six-figure 27%
nest egg…
Source for data: Employee Benefit Research Institute and Mathew Greenwald & Associates, Inc.,
2012 Retirement Confidence Survey. Figure 19. www.ebri.org

6. How big are retirees’ nest eggs?
Total Savings and Investment Reported by Retirees (2012)
Over Over Over Over Over
$1,000 $10,000 $50,000 $100,000 $250,000
Just 15%
have savings
in excess of
$250,000
15%
Source for data: Employee Benefit Research Institute and Mathew Greenwald & Associates, Inc.,
2012 Retirement Confidence Survey. Figure 19. www.ebri.org

7. Created by…
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constitute financial advice. Individual investors and organizations should work with a financial advisor for guidance on all decisions
related to investing, retirement planning or offering financial planning benefits to employees. These slides have not been reviewed or
approved by FINRA or any regulatory organization. All content is based on publicly-available information.