Table 3.

Mean assets and portfolio shares by level of education, two-person households age 65 and over in 2008.

	Mean assets				Percent of total assets
Asset	Less than HS	HS	Some college	College or more	Less than HS	HS	Some college	College or more
Eight asset categories
IRAs and Keoghs	25,161	79,519	97,733	213,028	7.32	14.83	12.59	14.29
401(k)s	5,275	15,756	23,145	80,682	1.53	2.94	2.98	5.41
Other financial assets	66,582	134,821	246,583	512,063	19.36	25.14	31.77	34.35
Primary home equity	121,804	176,057	224,855	395,117	35.41	32.83	28.97	26.51
Second home equity	13,538	21,475	36,215	82,713	3.94	4.00	4.67	5.55
Other real estate	82,132	45,274	79,482	118,787	23.88	8.44	10.24	7.97
Business assets	31,853	65,757	71,733	92,036	9.26	12.26	9.24	6.17
Debt	−2,387	−2,445	−3,477	−3,915	−0.69	−0.46	−0.45	−0.26
Total	343,958	536,214	776,269	1,490,511	100.00	100.00	100.00	100.00
Total financial assets	97,018	230,096	367,461	805,773	28.21	42.91	47.34	54.06
Other financial assets--detail
Stocks	21,067	56,761	112,533	281,886	31.6%	42.1%	45.6%	55.0%
Checking	17,777	34,484	38,374	73,003	26.7%	25.6%	15.6%	14.3%
CDs	14,017	29,033	39,288	39,653	21.1%	21.5%	15.9%	7.7%
Bonds	3,755	5,214	12,260	52,032	5.6%	3.9%	5.0%	10.2%
Other	9,967	9,328	44,127	65,489	15.0%	6.9%	17.9%	12.8%
Total	66,583	134,820	246,582	512,063	100.0%	100.0%	100.0%	100.0%