Retirement Assets Up 11%

According to a survey by the Investment Company Institute, retirement assets throughout the United States increased 11% in 2006 to a total of $16.4 trillion. That increase covers investment performance as well as transfers in and out of accounts.

My retirement accounts grew 52% last year thanks mostly to my contributions. It’s easier to have a larger percentage effect when the balances are low. At the end of 2006, my $47,715 in retirement funds accounted for 0.0000003% of the entire pool of retirement money in the country. Here’s more on the survey from MarketWatch.

How did your accounts hold up last year?

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Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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Alex K.

My retirement investments were up 15%, and my contributions were only a small part of that.

Brainy Smurf

I had a similar gain, going up 20% and like Alex K., my contributions weren't a major factor... it was more the market.

Of course, the last few days have been a little rocky, but so far this year, the gains are looking even greater!

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