Retirement Savings by Generation

Every generation boosted its retirement savings between 2007 and 2013, according to the 14th Annual Retirement Survey from the Transamerica Center for Retirement Studies.

• Boomers have saved a median of $104,000 for retirement, up from $75,000
• Gen Xers have saved a median of $45,000 for retirement, up from $32,000 
• Millennials have saved a median of $19,000 for retirement, up from $9,000