Retirement Planning

Americans 75 and Older Own the Most Stocks

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For most age groups, their share of direct stock ownership declined between 2007 and 2016, but Americans 75 years of age and older, held onto their investments, according to an AARP report drawing from data in the Federal Reserve System’s Survey of Consumer Finances. The data shows the 75-plus age group has the highest percentage of stock ownership of any age group in the nation. 19.6 percent of households headed by a person 75 years or older directly owned stocks in 2016, almost the same as the 20.2 percent that owned stocks in 2007. 75-plus households also saw their median net worth grow from $200,800 in 2013 to $264,800 in 2016 — a 32 percent increase.

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