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 […]
net worth
Average American Retirement Savings, Medians and Percentiles
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 […]
How Many Accredited Investors Are There by Age?
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 […]
Correlation of Income and Net Worth for Age Groups in America in 2016
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 […]
Correlation of Income and Net Worth for the Upper Middle Class in America in 2016
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 […]
Should You Include Your Primary Home in Net Worth?
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 […]
Net Worth by Age Calculator for the United States
Below is a net worth by age percentile calculator for the United States in 2016 (newest data until late 2020). 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, […]
Net Worth Percentile Calculator for the United States
Calculates a net worth’s percentile as compared to the United States household wealth distribution.
How Many Millionaires Are There in America?
See our estimate for the number of millionaires in America, as well as decamillionaires and more.
United States Net Worth Brackets, Percentiles, and Top One Percent
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 After: check out our net worth percentile calculator and net worth by age […]