56% of all workers participate in a workplace retirement plan. In the public sector, 83% of workers participate in a workplace retirement plan. The median ear

56% of all workers participate in a workplace retirement plan. In the public sector, 83% of workers participate in a workplace retirement plan. The median earner doesn't own "1 stock", they indirectly hold stock through 401(k)s, IRAs, company-provided pensions, or government-provided pensions. The vast majority of your pension plans are managed and administered by institutional investors. If you are a median earner, and your defined contribution plan tanks, you will absolutely be worse off than the multi-hundred millionaire whose net worth still remains in the millions even if their ownership in the stock market falls by 90%. http://www.pensionrights.org/publications/statistic/how-many-american-workers-participate-workplace-retirement-plans http://www.pensionrights.org/publications/statistic/how-many...