Average Net Worth by Age: How Do You Compare?

[{"selector":"#anim-a4313a7c-0920-4de3-8dbb-8d4bc858296a","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Learn more

According to the Federal Reserve and its Survey of Consumer Finances, in 2019, the average American family’s net worth was $746,820.

[{"selector":"#anim-cb11a12c-8807-49e0-920d-a8e187eef759","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Learn more

How Do You Calculate Net Worth?

[{"selector":"#anim-022b0fff-35d7-49cf-bf09-33fe01d821f5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-cddcd4e5-7913-4ae2-8d59-9c5e158100aa","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-811284b7-5d94-4cf4-8e44-5acafba585e3","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-efc545b2-a825-466b-a4c5-f5864d753fa9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f4a24d7d-5583-46ee-b8e8-25dd9bf9b9b7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-e5890952-e6bd-41d7-a83b-50e8fdec3eef","keyframes":{"transform":["translate3d(-115.18988%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a249225-7e97-46ac-ba7e-cd6e8c865b38","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d326d458-39da-4a0b-8798-467cafbfb6b0","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-b5175558-b74a-42df-bfb4-a045a3608e84","keyframes":{"transform":["translate3d(-115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-20ba79f2-7f2d-4fd5-92df-696a8816019d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4506f1a5-7e94-449b-8fa7-ac339c74cf2c","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

Why is Net Worth So Important?

[{"selector":"#anim-ed1bf7aa-8f53-4f11-9634-9697be2e4438","keyframes":{"transform":["translate3d(-120.53873%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b18babf9-4578-4e6f-97a4-60c8ac58a421","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-383746ed-30cc-4b60-b072-e0098971f58b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-41ceed1b-07b6-4790-b143-a932a33efe78","keyframes":{"transform":["translate3d(-115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3697d091-f3f0-4773-af6f-b4a501d5cdbd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-38aa989d-4b06-4e15-b40d-88a45d992809","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

Average Net Worth by Age: Are You on Track?

[{"selector":"#anim-d5749707-ddf3-47ab-8220-82d905e7b66c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-9f495d38-26eb-4282-b3f0-cf512144a183","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b68f1fa4-4347-4385-8ac8-f9f14e4fd033","keyframes":{"transform":["translate3d(-120.20202%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-83ef3224-b9dd-4a75-8ee1-88ed1aa518a4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b63ae20f-b5c0-479a-bb71-0051e29bdf12","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-eaba5aeb-8b31-4120-a82c-7a54e455b62d","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ab4db92-5466-4cb8-ad8b-6a7c99b6b03a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-087c138e-f0b2-45ef-89a9-16f2e46cf3f3","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

Average Net Worth when <35

[{"selector":"#anim-9b367608-9075-41cf-8343-e9c6d06da474","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bec53f34-f7d7-4b20-bfb7-0ca173719b31","keyframes":{"transform":["translate3d(-118.0602%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e99a833-6ea2-473c-88bb-5e4aef1d0f3f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-071f393c-324c-40c1-9d8a-d6885eb6e9b2","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-dfede182-a8b3-4374-9eee-907dd514ca4e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0889b581-d719-4f24-9839-0c2fab34e1fd","keyframes":{"transform":["translate3d(-118.39464%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-09e2783b-9650-4d5c-840c-3c329dd1f1f1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-451badf0-11dc-4cf9-ae44-ddab7c93777b","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

Average Net Worth at 45-54

[{"selector":"#anim-57ffc4bc-dc65-44cf-8970-cf74f83bff50","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-11630582-553c-4e3e-b11e-a045d2795cdc","keyframes":{"transform":["translate3d(-118.0602%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-425ade3e-2a35-4633-8302-9730b7ec6814","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cbc40ef9-776e-42b4-9a9e-4f147e3829bb","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-00a25fac-ea5d-4672-bbde-d832fe7de3d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6bb6955c-aa0b-4467-98ab-487d3c1e0b7a","keyframes":{"transform":["translate3d(-116.98718%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-067c58a9-5ca3-4025-aa97-cfb36e63f773","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1c8d9409-a483-44e5-8389-90b74555f9f9","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

Average Net Worth at 65-74

[{"selector":"#anim-645549fa-06f1-4ba2-8e84-d0ed3d9b0943","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ac35fdbe-8d9b-4161-b427-3cc708e85885","keyframes":{"transform":["translate3d(-118.0602%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-241f0716-83a7-45b4-ab40-40147c176b0e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-65f7be6c-4b61-4523-b6f0-2f9a3c19c889","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-743c249b-ea07-4b7e-838b-40c45340a48e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c852561-9f6a-414f-a389-e91c4dfb6288","keyframes":{"transform":["translate3d(-116.98718%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-28a28ef9-05ae-4a83-971e-5f6864a16284","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-139140bc-be20-4fe6-b3ec-f336c2ab4a42","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

How to Increase Your Net Worth

[{"selector":"#anim-3e193c2b-c8fc-4dd0-bd9f-638779dbcf25","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-2fa7e84e-51ef-434a-877b-f208d9824eda","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-564d07cf-44b5-4275-9ad8-0a1201fe3a39","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ef23969-7cdb-429c-9ff7-c28ea357a9a6","keyframes":{"transform":["translate3d(-123.04965%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e98df04b-bcff-4eec-8ecb-ed6eb041bb92","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a45d15d6-9bfe-4ba0-9456-b761fc600ef0","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more

Swipe up now to read the full post!

[{"selector":"#anim-4abbcfc8-1217-4ae6-a124-c31190e7f89d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a0aa2630-6a28-4740-83c1-09f7ae86a10c","keyframes":{"transform":["translate3d(-129.1513%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-74d20f94-1fd5-459d-b21b-2cff140dba57 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.23778490243825%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Learn more

Average Net Worth by Age: How Do You Compare?

According to the Federal Reserve and its Survey of Consumer Finances, in 2019, the average American family’s net worth was $746,820.

How Do You Calculate Net Worth?

Net worth is calculated by adding up all of your assets and then subtracting out your liabilities.

In simple equation form, it looks like this: Net Worth = Total Assets – Total Liabilities.

Why is Net Worth So Important?

Your net worth is an important personal finance measure to help you understand if you are ready for retirement. I think it’s a better measure than just your investment or retirement accounts because it also considers any outstanding debts you have and whether or not you own your home.

Average Net Worth by Age: Are You on Track?

Before diving into the average net worth by age in America, I want to preface this by saying that measuring yourself against others is not the best way to know if you are on track.

Average Net Worth when <35

– Average Net Worth: $437,770 – Median Net Worth: $91,110

Average Net Worth at 35-44

– Average Net Worth: $76,340 – Median Net Worth: $14,000

Average Net Worth at 45-54

– Average Net Worth: $1,176,520 – Median Net Worth: $213,150

Average Net Worth at 55-64

– Average Net Worth: $833,790 – Median Net Worth: $168,800

Average Net Worth at 65-74

– Average Net Worth: $958,450 – Median Net Worth: $254,900

Average Net Worth at 75 or older

– Average Net Worth: $1,215,920 – Median Net Worth: $266,070

How to Increase Your Net Worth

1. Create a Budget and Save Money 2. Pay Off Bad Debt and Build an Emergency Fund 3. Start Investing

Swipe up now to read the full post!

Other stories