Roughly 62% of U.S. Adults Hold Stocks. Those Who Don’t Could Be Missing Out on Millions.
From Nasdaq: 2025-02-13 05:07:00
Many Americans are missing out on the opportunity to build wealth through the stock market. A recent Gallup poll revealed that only 62% of U.S. adults own stocks, with the wealthiest 1% owning about 50% of the market’s value. However, starting small with index funds can still lead to significant gains over time.
Investing in the stock market remains a top strategy for growing wealth, with an average annual return of about 10%. By contributing regularly to an S&P 500 index fund, even with as little as $300 per month, you could potentially accumulate over $1 million in 35 years. This approach is accessible to most people and can lead to financial security in retirement.
Many Americans are behind on retirement savings, but maximizing Social Security benefits and utilizing little-known strategies can significantly boost income during retirement. Learning how to leverage these benefits can provide a sense of security and confidence for the future.
Read more at Nasdaq: Roughly 62% of U.S. Adults Hold Stocks. Those Who Don’t Could Be Missing Out on Millions.