I hope by pension you mean general retirement savings. Because only about 20% of American workers get a pension [1]. Also note that less than 60% of American wo

I hope by pension you mean general retirement savings. Because only about 20% of American workers get a pension [1]. Also note that less than 60% of American workers participate in a 401k-type retirement plan. So saying that “most” people are invested in stocks this way is just barely true and kind of distorts the picture. [1] http://www.pensionrights.org/publications/statistic/how-many-american-workers-participate-workplace-retirement-plans http://www.pensionrights.org/publications/statistic/how-many...