Chart o’ the Day: US Retirement Assets Smash Through New Record

I’m always amused when I hear financial institutions and advisors debating market share of the retirement industry – as though it even matters. Retirement assets alone now total a new record $24.7 trillion. And no one is getting most of it to manage themselves, no matter what they price their services at or which talking duck / baby / goat they have in their commercials. It’s laughable.

Note that the $24.7 trillion in retirement assets is only a portion of overall US household net worth, which is north of $70 trillion. Relax and do your job, you will never run out of potential customers if you’re taking care of them and their money.

via Financial Planning:

The amount of money socked away in retirement accounts jumped up 6% from year-end 2013 to the end of 2014, according to research by the Investment Company Institute.

U.S. retirement assets totaled $24.7 trillion at the end of December 2014, compared to $23.3 trillion at the end of 2013, the research found.

“Retirement assets accounted for 36% of all household financial assets in the United States at the end of the fourth quarter of 2014,” according to the ICI. The majority of the money is saved in individual retirement accounts and workplace retirement plans, both defined benefit and defined contribution.



U.S. Retirement Assets Reach $24.7T (Financial Planning)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. Electricity Rates commented on Dec 10

    … [Trackback]

    […] Read More Info here to that Topic: […]

  2. DevOps companies commented on Dec 16

    … [Trackback]

    […] Read More on that Topic: […]

  3. bmo sign in commented on Jan 13

    … [Trackback]

    […] Info to that Topic: […]

  4. check car registration commented on Jan 15

    … [Trackback]

    […] There you can find 36580 more Info on that Topic: […]

  5. wig commented on Jan 17

    … [Trackback]

    […] Read More on to that Topic: […]

  6. Ogrow OGRC4998-2T12 manuals commented on Jan 21

    … [Trackback]

    […] Find More Information here on that Topic: […]

  7. wigs for women commented on Jan 22

    … [Trackback]

    […] There you can find 39687 additional Info to that Topic: […]