In article ,
James Robinson wrote:
> That question has been recently addressed by the US BEA, and they found
> that even with the 401K, pension plan, and equity investment included in
> the calculations, the trend toward low savings rates by the US
> population is worrying. Here is a link to a typical evaluation of the
> trend:
>
> http://www.bea.gov/scb/pdf/2007/02%20February/0207_saving.pdf
This only includes defined benefit programs, though, and doesn't
address personal retirement programs such as IRAs and 401(k)s,etc. In
fact a search of the document for "IRA" and "401" found no matches.
>
> You can find other similar analysis by searching for "personal saving
> rate" on their web site.
Did they include equity in a home. This is traditionally most
family's biggest "investment". |