Are you including 401k index funds/ general retirement funds in your definition of pensions? That is a typical source of stock ownership for many Americans. Yo

Are you including 401k index funds/ general retirement funds in your definition of pensions? That is a typical source of stock ownership for many Americans. You don't have to actively follow the stock market to be an owner of stocks. Buying and holding index funds or mutual funds in general is a great way to build wealth with little effort. Many households in the middle class are stock owners through this method. Most large employers offer retirement plans that include this.