General World News

Most Mutual Fund Owners In Their Prime Earning Years

Most Americans save for retirement through mutual funds, whether in a taxable account or an employer-sponsored retirement plan such as a 401(k). By mid-2015 some 53.6 million, or 43%, of households in the U.S. owned mutual funds. The Investment Company Institute’s annual survey of fund owners has found that individuals between the age of 35 and 64 — when most workers are in their prime earnings and savings years — head most (64%) of the

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Source : Investors.com