Money · Facts & sources
4 sourced facts about investment portfolios and the stock market, each with the context behind the number. 4 more are in today's round and appear here after it closes.
Answer15% of income
Fidelity recommends saving about 15% of income each year (including employer match) for retirement — the average American's actual savings rate is close, at 14.4%.
Source: Fidelity Investments (2024) fidelity.com
Answerabout $120,100
Fidelity reports the average 401(k) balance for ages 40-44 was about $120,100, part of a steady climb from roughly $7,700 at ages 20-24.
Source: Fidelity Investments (2024) fidelity.com
Answer93%
The wealthiest 10% of Americans held a record 93% of all U.S. stocks in late 2023, even though stock ownership overall was near an all-time high.
Source: Federal Reserve (via Yahoo Finance) (2024) finance.yahoo.com
Answer$13.29T passive vs $13.23T active
At the end of 2023, passive fund assets ($13.29 trillion) edged past active fund assets ($13.23 trillion) for the first time across all U.S. fund categories combined.
Source: CNBC (fund industry data) (2023) cnbc.com