Asset ownership in senior households

Commentary April 10, 2008 at 08:00 PM
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  • 29%: Percentage of households, headed by someone 65 or older, that own stocks or mutual funds.
  • 78.4%: Percentage of people 65 or older who own their home.
  • 6.1%: Percentage of people 65 or older who own rental property.
  • 8.1%: Percentage of people 65 or older who own some other real estate.
  • 25.4%: Percentage of people 65 or older who own IRAs.
  • 6.3%: Percentage of households that have 401(k)s.
  • 6.2%: Percentage of households that own some other kind of assets.
  • 28.6%: Percentage of households that own certificates of deposit.
  • 17.2%: Percentage of households that own money market deposit accounts.
  • 5.5%: Percentage of households that own municipal or corporate bonds.

Source: U.S. Census Bureau