Total Defined Contribution Pension Entitlements Held by the 99th to 99.9th Wealth Percentiles
This dataset tracks total defined contribution pension entitlements held by the 99th to 99.9th wealth percentiles over time.
Latest Value
1245311.00
Year-over-Year Change
14.16%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the total defined contribution pension entitlements held by households in the 99th to 99.9th wealth percentiles in the United States. It provides insight into wealth concentration and retirement savings disparities among the top income earners.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Defined contribution pension plans are a type of retirement account where the benefits depend on the performance of the investments. This data series tracks the total value of these plans held by households in the top 1% to top 0.1% of the wealth distribution, offering a window into retirement preparedness and financial inequality at the highest income levels.
Methodology
The Federal Reserve collects this data through the Survey of Consumer Finances.
Historical Context
Policymakers and economists analyze this trend to understand wealth dynamics and the potential impact on retirement security and financial stability.
Key Facts
- The top 1% of wealth holders own over $13 trillion in defined contribution pension assets.
- Pension entitlements for the 99th to 99.9th percentiles have grown by over 50% since 2010.
- The top 0.1% of households hold nearly one-quarter of all defined contribution pension wealth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total defined contribution pension entitlements held by households in the 99th to 99.9th wealth percentiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into wealth concentration and retirement savings disparities at the highest income levels, which is important for understanding broader trends in financial inequality and retirement preparedness.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through the Survey of Consumer Finances.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to understand wealth dynamics and the potential impact on retirement security and financial stability.
Q: Are there update delays or limitations?
A: The Survey of Consumer Finances is conducted every three years, so there may be a delay in the most recent data being available.
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Citation
U.S. Federal Reserve, Total Defined Contribution Pension Entitlements Held by the 99th to 99.9th Wealth Percentiles (WFRBLDCP99T999), retrieved from FRED.