Tag: combined 401(k)/IRA balances
![Businesswoman watering a bar graph that is showing an increase with an upward arrow](https://crr.bc.edu/wp-content/uploads/2017/10/Businesswoman-watering-a-bar-graph-that-is-showing-an-increase-with-an-upward-arrow-1536x1024.jpeg)
The Federal Reserve recently released the 2016 Survey of Consumer Finances (SCF), a triennial survey of a nationally representative sample of U.S. households, which collects detailed data on their assets, liabilities, and demographic characteristics. It is considered the gold standard of information on income and wealth. Overall, this year’s report, unlike those in 2013 and…