Unfortunately, most people aren’t on track to save a significant amount of money for retirement. Depending on how you do the math, 32-61 year old households averaged around $120,809.40 in retirement savings. Age, of course, matters. Using a very strict definition, households headed by 30-34 year olds averaged $24,254.48 in retirement savings with a median of […]
In 2016, American households headed by someone aged 32-61 averaged $120,809.40 in retirement savings, or $264,453.30 using an expansive calculation. Using the same calculations and definitions, American households have a median of $7,800 and $17,000 saved, respectively. American Retirement Savings in 2016 In 2016, the Economic Policy Institute released a study with an interesting dive […]
We present here estimates for the number of accredited investors by age in the United States for full-year 2016. In our accredited investors in America post, we estimated around 9.86% of households qualify as accredited… and using ages here reveals a very interesting distribution. Our accredited investor estimates range from .52% for householders aged 25-29 […]
We previously showed there isn’t a strong correlation of income and net worth in America. While writing that post we posed you a question: if income isn’t the best input to describe net worth, what can improve it? To wit, there’s a very important factor we should include: let’s look at the correlation of income […]
Earlier, we looked at the correlation of income and net worth for all American households in 2016. In this post, we’ll look at the correlation for well-off or upper middle class households. What’s the correlation of net worth and income for affluent households and millionaires? The correlation of net worth and income for households making […]
When calculating net worth you need to include the value of your home. Proper net worth accounting adds up all assets and subtracts all debts. Primary homes are assets, and debt secured by primary homes is debt. Adding Homes to Net Worth: Confusingly Controversial Although including primary home equity in net worth is correct, this […]
Below is a net worth by age percentile calculator for the United States in 2016 (newest data in 2019). Enter net worth and the age of a household’s primary earner for a net worth percentile estimate to nearest one percent. Below the tool, see average net worth by age, median net worth by age, and […]
Calculates a net worth’s percentile as compared to the United States household wealth distribution.
See our estimate for the number of millionaires in America, as well as decamillionaires and more.
In this post, we’ll look at the United States Net Worth Brackets for 2017 (most recent data in 2019). We include wealth brackets for selected percentiles, average, median, and a special section zooming into the net worth of the top one percent Selected Net Worth Brackets and Percentiles for the United States in 2017 There […]