From the October 2009 issue of Boomer Market Advisor • Subscribe!

Let's hope it's a lagging indicator...

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Employer-sponsored retirement plans play a key role in helping American workers save for retirement. The bulk (nearly two-thirds) of Americans' retirement assets was held in employer-sponsored retirement plans at year-end 2008. Furthermore, a significant portion of assets held in IRAs originated in employer plans and were then transferred (or "rolled over") into IRAs.

45%
Americans held $3.4 trillion in all employer-based DC retirement plans at the end of the first quarter of 2009. Mutual funds accounted for $1.5 trillion, or 45 percent, of DC plan assets.

$1.5 million
IRAs held $3.4 trillion at the end of the first quarter of 2009. Forty-four percent of IRA assets, or $1.5 trillion, were invested in mutual funds.

Source: Investment Company Institute

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