With a record 4.1 million Americans turning 65 this year, retirement security is more urgent than ever. Investors Observer’s new state-by-state analysis shows just how sharply market volatility and new tariffs have eroded Americans’ nest eggs since the 2024 presidential election.
Their researchers have ranked all U.S. states by average retirement portfolio losses since election day, and also compared them with the “Liberation Day” losses.
Key findings:
Connecticut retirees bore the brunt of the trade war fallout, with average losses of $22,339 in 100% equity portfolios since the presidential election.
Utah retirees – who have more modest retirement portfolios – lost the least, with an average decline of $12,900 over the same period.
The average all-stock retirement portfolio is down $17,860 since Trump’s win.
The average 60/40 retirement portfolio is up slightly, gaining $188 since the election.
9 of the 10 worst-hit states are blue states, while 9 of the 10 least-affected are red.
The “Liberation Day” tariff shock erased $57,199 from the average 100% equity retirement portfolio. Even conservative 60/40 portfolios lost an average of $35,962 during the crash.
More aggressive investors – typically younger Americans – took the biggest hit, due to larger stock exposure in their retirement portfolios.
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Please read the full report here.
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