When it comes to retirement savings, most Americans have little or nothing.
The 90th percentile family had $274,000 saved, which is 55 times the total of the median American family.
The 80th percentile family had $116,000, or 23 times the median family.
“Participation in retirement savings plans is highly unequal across income groups," the EPI reports. "In 2013, nearly nine in 10 families in the top income fifth had retirement account savings, compared with fewer than one in 10 families in the bottom income fifth."