Average Net Worth Segmented by Age Groups

Image Credit: Skynet

Curated by Paul Helmick

This article analyzes the average net worth of different age cohorts.

It provides valuable insights into the financial health and planning across generations.

Paul’s Perspective:

Understanding the average net worth by age is important for contextualizing and benchmarking financial growth. Recognizing these economic benchmarks offers a clearer picture of financial stability and aids in better financial planning and strategy.


Key Points in Article:

  • Median net worth figures highlight economic disparities.
  • Comparison of generational wealth emphasizes the need for tailored financial strategies.
  • Data reflects varying economic impacts on age groups, influencing financial decisions.

Strategic Actions:

  1. Analyze your own net worth in the context of your age group.
  2. Examine economic factors influencing generational wealth distribution.
  3. Consider personalized financial strategies for wealth accumulation and management.

Dive deeper > Full Story:

Average Net Worth By Age Bracket

AGE RANGE NET WORTH
Less than 35 years old $6,936
35 to 44 years old $45,740
45 to 54 years old $100,404
55 to 64 years old $164,498
65 to 69 years old $193,833
70 to 74 years old $225,390
75 years old and over $197,758

(Source: www.census.gov)

Average net worth by age (of millennials)

AGE OF MILLENNIAL AVERAGE NET WORTH
35 $20,236
34 $17,351
33 $13,599
32 $9,896
31 $6,036
30 $2,093
29 -$1,989
28 -$6,036
27 -$10,168
26 -$14,447
25 -$18,988
24 -$23,704
23 -$28,706
22 -$33,984
21 -$38,915
20 -$27,129
19 -$18,086
18 -$8,893

The Bottom Line:

  • This article analyzes the average net worth of different age cohorts.
  • It provides valuable insights into the financial health and planning across generations.

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If you’re contemplating how to position your finances compared to your peers or adjust your financial planning strategies, our team can guide you with bespoke advice.