After a two-year downturn, mutual fund ownership has risen in the United States. But even as a new survey shows that investors are saving more money, experts warn those savings might not be enough to meet retirement goals.

The survey, conducted by The Investment Company Institute, shows that 48.1% of U.S. households own mutual funds, with a median balance in those funds of $48,000. Of the people surveyed, 72% said their top priority was retirement, with 84% saying they had money in a 401(k) or similar contribution plan.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.