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American households reported an average retirement account balance of $333,940 and an average net worth of $1.06 million. Read on to see an age-based breakdown of those figures.
But Americans of retirement age (between the ages of 65 and 74) only had a median net worth of $410,000 in 2022, according to the BLS’ Survey of Consumer Finances. (The survey is conducted every ...
75 and older. $236,000. All households. $211,000. Data source: Federal Reserve 2022 Survey of Consumer Finances. As shown above, among American households that owned bonds, the median investment ...
Pensions in the United States. Average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown). Those 65 and over have a median net worth of ...
But, for comparison’s sake, the median net worth of an American household headed by someone aged 45 to 54 was $247,200 in 2022, while the average net worth was $975,800, according to the Federal ...
Retirement plans in the United States. Average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown). Those 65 and over have a median net ...
For those age 65-74: The median net worth is $409,900. The average (mean) net worth is $1,794,600. For those 75 and older: The median net worth is $335,600. The average (mean) net worth is ...
The top 10% of American households by net worth had an average of $1.29 million in their retirement accounts in 2022, according to the Federal Reserve’s Survey of Consumer Finances.
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