A Resource for Facts on America’s Retirement System

Retirement by the Numbers

Most Americans today are entering retirement with the resources they need to maintain their standard of living. Assets earmarked for retirement—including savings in employer-sponsored retirement plans and individual retirement accounts (IRAs)—have grown substantially. And underpinning these savings is Social Security, which has evolved to provide a strong base of income for retirees.

Tens of millions of Americans save for retirement through mutual funds, exchange-traded funds (ETFs), and other regulated funds. As the world’s leading trade association for regulated funds, the Investment Company Institute (ICI) accumulates and analyzes troves of data on America’s retirement system.

The current US retirement system works well for most Americans. Retirees can draw on a range of resources, including defined contribution plan accumulations and IRAs to help maintain their standards of living following their working years.