EBRI/ICI Database in WSJ Retirement Article

The Dec. 6 Wall Street Journal uses data from the EBRI/ICI 401(k) database to illustrate its story on older workers who are approaching retirement without sufficient savings.

The article is titled, “Retiring in Five-10 Years? Uh-oh,” online here.

The EBRI/ICI-based databox used in the article (below) can be seen online here.

For instance, the grapic cites EBRI/ICI data showing that that the average 401(k) balance at year-end 2009 was $139,932 for workers in their 50s who had been in the plan for at least six years, and that 60 percent of 401(k) funds were invested in stocks at year-end 2009, through stock funds, balanced and target-date funds, and employer stock.

Wall Street Journal, Dec. 6, 2010

Wall Street Journal Special Supplement: Employee Benefits

The April 6, 2010, Wall Street Journal published a special section on employee benefits, with extensive content provided by EBRI. Dallas Salisbury, EBRI CEO, wrote two of the articles in the five-page section, on “Why the Employment-Based Retirement System Matters,” and “Comfortable Retirement Within Reach,” both highlighting recent EBRI research. Paul Fronstin, director of EBRI’s Health Research and Education Program, is extensively quoted in the lead article.

This is the third year EBRI has provided content to the employee benefits supplement of the Journal. Our participation in this section is unpaid and by request. The full section is reprinted here, by permission of the Wall Street Journal.