Study: U.S. Retirement Assets Now Worth More than GDP

The 2008 Global Pensions Asset Study, conducted by consulting firm Watson Wyatt Worldwide found that assets in U.S. pension funds, 401(k)s, individual retirement accounts, and other retirement savings vehicles have increased from $7.9 trillion in 1997 to $15 trillion in 2007. As of the start of the year, these U.S. retirement assets were worth more than the gross domestic product ($14 trillion) based on a compound annual growth rate of 6.7 percent since 1997 compared with GDP growth of 4.8 percent during the same period.

In the United States, most retirement plan assets (59 percent) are invested in equities, while less than a quarter (23 percent) are in bonds and 17 percent in alternative assets, which include hedge funds, private equity, real estate, commodities, and infrastructure. While the amount in equities has remained relatively stable over the last 10 years, the portion in alternatives has grown (from 9 percent in 1997) and the share in bonds has declined (from 33 percent in 1997).

The makeup of U.S. retirement assets has changed considerably over the last 10 years. The share of assets in defined contribution plans, such as 401(k)s, and individual retirement accounts has increased, from 47 percent to 56 percent with defined benefit assets diminishing accordingly.

Download Center

HTML - No Current Item Deck
  • Free Safety Management Software Demo

    IndustrySafe Safety Management Software helps organizations to improve safety by providing a comprehensive toolset of software modules to help businesses identify trouble spots; reduce claims, lost days, OSHA fines; and more.

  • The Top 5 Safety and Technology Trends to Watch

    Get the latest on trends you can expect to hear more about in 2019, including continued growth of mobile safety applications, wearable technology, and smart PPE; autonomous vehicles; pending OSHA recordkeeping rulemaking; and increased adoption of international safety standard, ISO 45001.

  • Analyze Incident Data

    Collect relevant incident data, analyze trends, and generate accurate regulatory reports, including OSHA 300, 300A, and 301 logs, through IndustrySafe’s extensive incident reporting and investigation module.

  • Safety Training 101

    When it comes to safety training, no matter the industry, there are always questions regarding requirements and certifications. We’ve put together a guide on key safety training topics, requirements for certifications, and answers to common training questions.

  • Conduct EHS Inspections and Audits

    Record and manage your organization’s inspection data with IndustrySafe’s Inspections module. IndustrySafe’s pre-built forms and checklists may be used as is, or can be customized to better suit the needs of your organization.

  • Industry Safe
comments powered by Disqus

OH&S Digital Edition

  • OHS Magazine Digital Edition - January 2019

    January / February 2019

    Featuring:

    • PREVENTING ERRORS
      Production vs. Safety 
    • EMERGENCY SHOWERS & EYEWASH
      Meeting the Requirements for Emergency Equipment
    • CONSTRUCTION SAFETY
      The State of Contractor Safety
    • FOOT PROTECTION
      The Three Keys to Effective Chemical Management
    View This Issue