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In reply to the discussion: US and China agree to slash tariffs for 90 days [View all]24601
(4,082 posts)or Thrift Savings Plan. It would also include those without individual accounts but whose union, or state and local government retirement systems invest in the market, primarily mutual funds.
Here is the link to the 2022 Census Report, breaking down who has individual accounts. https://www.census.gov/library/stories/2022/08/who-has-retirement-accounts.html
If your thrust is to divide voters based on who cares about and who doesn't, it's not a winning strategy. Figure 2 reflects that the following demographics had at least one type of individual account:
Ages 56-64 58.1%
Ages 45-55 56.1%
Ages 24-39 49.5%
Ages 15-23 7.7%
Before retirement, I attended classes from the non-profit Society for Financial Awareness. The information presented was that the conventional wisdom of shifting IRAs to Government Securities upon retirement will almost always deplete your retirement account before you die. Modeling shows that to maintain account viability, you should retain around 62% in equities.
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