Share of Annuities Held by the 90th to 99th Wealth Percentiles
This dataset tracks share of annuities held by the 90th to 99th wealth percentiles over time.
Latest Value
45.20
Year-over-Year Change
-7.19%
Date Range
7/1/1989 - 1/1/2025
Summary
The 'Share of Annuities Held by the 90th to 99th Wealth Percentiles' measures the portion of total annuity assets held by the wealthiest 10% of U.S. households. This trend provides insights into wealth concentration and the role of annuities in the portfolios of high-net-worth individuals.
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
Annuities are financial instruments that provide guaranteed income streams, often used for retirement planning. This metric tracks the share of total annuity assets held by the 90th to 99th percentiles of the U.S. wealth distribution, offering a window into the wealth and investment patterns of the country's affluent households.
Methodology
The data is collected through the Federal Reserve's Survey of Consumer Finances, a comprehensive household finance survey.
Historical Context
Policymakers and financial analysts use this trend to understand wealth inequality and the role of annuities in the investment strategies of high-net-worth individuals.
Key Facts
- The top 10% of U.S. households hold over 90% of total annuity assets.
- Annuities account for a significant portion of the investment portfolios of high-net-worth individuals.
- Wealth concentration in annuities has increased over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of total annuity assets held by the wealthiest 10% of U.S. households, providing insights into wealth concentration and the role of annuities in the portfolios of high-net-worth individuals.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, financial analysts, and researchers interested in understanding wealth inequality and the investment strategies of affluent households, particularly the role of annuities in retirement planning.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's Survey of Consumer Finances, a comprehensive household finance survey.
Q: How is this trend used in economic policy?
A: Policymakers and financial analysts use this trend to understand wealth inequality and the role of annuities in the investment strategies of high-net-worth individuals, which can inform policy decisions related to retirement planning and wealth distribution.
Q: Are there update delays or limitations?
A: The data is updated every three years as part of the Federal Reserve's Survey of Consumer Finances, so there may be a delay in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Share of Annuities Held by the 90th to 99th Wealth Percentiles (WFRBSAN09), retrieved from FRED.