2022 Updated Federal Survey: Net Worth by Age (Median)
2022 Updated Federal Survey: Net Worth by Age (Median)
| Age | 2022 Net Worth (Median) USD$ |
|---|---|
| Less than 35 | $39,040 |
| 35-44 | $135,300 |
| 45-54 | $246,700 |
| 55-64 | $364,267 |
| 65-74 | $410,000 |
| 75 or older | $334,700 |
Source:
https://www.federalreserve.gov/econres/scf/dataviz/scf/chart/
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I wonder why the oldest demographics were so insulated from 2008. Maybe they were less likely to live in areas with a housing bubble? Not living in McMansion city and all that.
Assets in a mix of cash and bonds and no need to sell their house? Just a guess.
Pensions and paid off houses would be factors I would guess.
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