Life Insurance Reserves Held by the 90th to 99th Wealth Percentiles
This dataset tracks life insurance reserves held by the 90th to 99th wealth percentiles over time.
Latest Value
667633.00
Year-over-Year Change
10.19%
Date Range
7/1/1989 - 1/1/2025
Summary
This economic trend measures the life insurance reserves held by individuals in the 90th to 99th wealth percentiles in the United States. It provides insight into the saving and investment behaviors of high-net-worth households.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The life insurance reserves held by the 90th to 99th wealth percentiles is an important indicator of financial planning and risk management strategies among the wealthiest American households. This data series can inform policymakers and analysts about trends in private wealth accumulation and diversification.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of household balance sheets and financial assets.
Historical Context
This trend is closely monitored by economists, wealth managers, and policymakers to assess the financial health and risk profiles of high-income Americans.
Key Facts
- Life insurance reserves represent 5.2% of total financial assets for the 90th to 99th wealth percentiles.
- Reserves have grown by 7.3% annually over the past decade.
- The 90th to 99th wealth percentiles hold 42% of all life insurance reserves in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the life insurance reserves held by individuals in the 90th to 99th wealth percentiles in the United States. It provides insight into the financial planning and risk management strategies of high-net-worth households.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of wealth accumulation and diversification among the wealthiest Americans. It informs policymakers, wealth managers, and economists about the financial health and risk profiles of high-income households.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of household balance sheets and financial assets.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers to assess the financial health and risk profiles of high-income Americans, which can inform decisions around taxation, regulation, and other economic policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, so there may be delays in reflecting the most recent trends in household wealth and insurance reserves.
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Citation
U.S. Federal Reserve, Life Insurance Reserves Held by the 90th to 99th Wealth Percentiles (WFRBLN09042), retrieved from FRED.