What Is Average Net Worth by Age?
Average net worth by age shows the typical financial position of Americans in different life stages. It is calculated by taking the mean net worth of households in each age bracket, as reported in the Federal Reserve's Survey of Consumer Finances.
How Net Worth Changes with Age
Net worth tends to rise with age as people earn, save, and build assets like homes and retirement accounts. Younger households often have lower net worth due to student loans and shorter work histories, while middle-aged households usually hold more wealth. After retirement, net worth may decline as savings are drawn down.
Key Figures and Data Sources
The Federal Reserve publishes detailed data on median and mean net worth by age, which helps place individual finances in context. For the latest tables and methodology, see the official Survey of Consumer Finances at Federal Reserve Survey of Consumer Finances.
