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Retirement Planning > Retirement Investing

Shift in retirement plan prevalence

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  • 62% — Percentage of workers who had a defined benefit plan only in 1983; in 2007, 17 percent had a defined benefit plan.
  • 12% — Percentage of workers with a 401(k) plan in 1983; as of 2007, 63 percent had a defined contribution plan.
  • 26 — Percentage of workers who had a defined contribution plan and a defined benefit plan in 1983; the percentage fell slightly to 19 percent in 2007.

Source: Center for Retirement Research