Fact Sheet How Is the Financial Crisis Affecting Retirement Savings?
Subtitle
August 2009, Update
Mauricio Soto
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The stock market lost 56 percent of its value between September 30, 2007, and March 9, 2009. These losses reduced the retirement savings of American households. Recently, however, a good portion of these losses has been reversed. Equities gained 53 percent between March 9, 2009 and August 31, 2009.
Research Areas Wealth and financial well-being Aging and retirement
Tags Economic well-being Pensions Wages and nonwage compensation Retirement policy Financial stability Family savings
Policy Centers Income and Benefits Policy Center