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Portfolio > Mutual Funds

Mutual fund popularity among senior citizens

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  • 33%: Percentage of U.S. households headed by someone 65 or older who own mutual funds.
  • 15%: Percentage of households owning mutual funds that are headed by someone 65 of older; 21 percent of all U.S. households are headed by someone 65 or older.
  • 80%: Percentage of people over 65 who view the mutual fund industry favorably; 22 percent view the industry very favorably.
  • 67%: Percentage of older mutual fund holders with Internet access in 2008.

Source: Investment Company Institute