A slim minority of Americans have a 401k?
Earners of $100,000/year or more have 5x the amount in holdings as compared to those earning $99,000 or below.
Only 14% of Americans are invested in individual stocks outside of a 401k program.
401k assets only amount to 17% of the total US retirement.
None of these numbers tell a great story because Americans are not saving for retirement. If they are, they’re barely saving a years worth of their salary.