... retired Americans because it replaces a large share of annual labor income for many low- to moderate-income families. At the same time, the creation of IRAs in the 1970s and the expansion of ... of California, Santa Barbara, and a BA in economics from Claremont McKenna College. Retirement and Investor ResearchSarah Holden, Senior Director of Retirement and Investor Research, leads ... investment companies, and the retirement and education savings markets.2010 Research Publications and Statistical ReleasesICI is the primary source of analysis and statistical information on the...