Virtually all families hold some amount of financial assets, broadly defined. While 98% of families held checking or savings accounts in 2019, only 50% of families held retirement accounts and 15% owned stocks.
October 26, 2020
Racial disparities in wealth have persisted over time. New Federal Reserve data show that in 2019, the median net worth of White families was 5 to 8 times greater than for Latino families and Black families.
October 19, 2020