This is a good point. Over 50% of companies offer a 401k. BLS says as high as 67% of employees have access to some sort of retirement plan. A good percent of t

This is a good point. Over 50% of companies offer a 401k. BLS says as high as 67% of employees have access to some sort of retirement plan. A good percent of those 401k / retirement plans include some sort of employer match. Lets say 50% of those with a retirement plan contribute. That's a massive amount of new money that has to go somewhere every month. Majority of these plans offer some sort of index fund variety instead of individual stocks the exception being that most of the smart publicly traded ones also offer the option to purchase employer stock as well. With all this money needing to find a home every month, index funds are as close to a guarantee of equities going up over time as you can get. https://www.bls.gov/opub/ted/2021/67-percent-of-private-industry-workers-had-access-to-retirement-plans-in-2020.htm https://www.bls.gov/opub/ted/2021/67-percent-of-private-indu...