I thought it was obvious... I wrote "more or less locked up" precisely because I knew if I just summarized it as "locked up" without qualifiers somebody would eagerly jump in to trash my comment here. Somehow I forget people are keen to do that regardless. My bad, I thought I was trying to help people interpret that statistic but now I regret it.
Retirement accounts hold YOUR money, that is money that YOU saved for YOUr own use later.
Whether I put it in a savings account or taxable investing account it is still part of my net worth as it's money I will be using some time in the future.
Perhaps I'm too dense but I'm not understanding why you are not including retirement accounts as part of net worth calculations.
The sentence was "55% of Americans are estimated to own stocks", and I pointed out this includes retirement accounts, feeling (evidently quite wrongly) that that would be important to many readers to be pointed out.
If you don't see any value in that, then I'm sorry, the next time I won't mention it. My apologies. I repent.
