The average 50-something American is now worth $1.4 million

[loco]

Only pennies compared to the average Getbigger.  What's a penny?

The average 50-something American is now worth $1.4 million

The average 50-something American has a net worth of $1.4 million, according to a report from Empower, the financial services firm. The average 60-something is worth $1.6 million.

By contrast, the average 20-something is worth a mere $127,730.

The numbers are estimates, drawn from anonymized data for Empower users in October 2025. But they’re consistent with the findings of the federal Survey of Consumer Finances, a larger study that comes out every three years.

The last federal survey, in 2022, showed an average net worth of $1.1 million for Americans ages 50-54, and $1.4 million for ages 55-59.

Both reports show American households growing wealthier as they age – dramatically so, when you look across decades.

How did older Americans get so wealthy?

Financial experts cite three main factors: Stocks, homes, and time.

https://finance.yahoo.com/news/average-50-something-american-now-100538170.html

[Wiggs]

Big difference between average and median.

[loco]

Big difference between average and median.

Indeed:

"Americans ages 55–64 have a median net worth of $364,270, placing them near the top of the wealth curve heading into retirement."

https://www.investopedia.com/how-does-your-wealth-compare-at-55-64-here-s-what-the-data-shows-11875394

[Stephano]

This is stupid.  The average 50-something American's net worth is tied up in illiquid real estate assets that have spiked hard due to inflation and the boomer's chokehold on the real estate market. 

[deadz]

Indeed:

"Americans ages 55–64 have a median net worth of $364,270, placing them near the top of the wealth curve heading into retirement."

https://www.investopedia.com/how-does-your-wealth-compare-at-55-64-here-s-what-the-data-shows-11875394

Poverty money.

[Stephano]

The median wealth per person in the US is 15th in the world, below not just the UK or France but also Spain and Italy.

[joswift]

The median wealth per person in the US is 15th in the world, below not just the UK or France but also Spain and Italy.

but at least you can bomb the shit out of all of them...

[loco]

This is stupid.  The average 50-something American's net worth is tied up in illiquid real estate assets that have spiked hard due to inflation and the boomer's chokehold on the real estate market.

Not all of it.  Don't forget their retirement accounts invested in US stocks, US stock funds, and US bonds.

[MajorDomo]

The price of your house makes up most of that number - and by the time you are in your 50's you are pretty close to having paid it off. I bought my current home in 2009 for $565K.  Today it would sell for $1.5M or more.  I did nothing but maintain it.  I'm not planning to sell it for a while because I happen to like where I live, lol.

[Never1AShow]

Not all of it.  Don't forget their retirement accounts invested in US stocks, US stock funds, and US bonds.

Anything can happen if you buy Rivian, but ...

[GymnJuice]

Not all of it.  Don't forget their retirement accounts invested in US stocks, US stock funds, and US bonds.

Suckers. They should have invested in DVDs, watches, and bee pollen.

[WrongAdvices]

DJ181 is in that range and worth 3 Moldovan potatoes

[Kwon]

Three Moldovan Potentates here

[IroNat]

Watch out the libtards will want to take it from you.

[Lartinos]

Anything can happen if you buy Rivian, but ...

My wife’s mother did this. She knows absolutely zero about finance but said a guy she thought was smart in the 80’s out his money into his 401k, so she did too. She never had a great job, but she only retired recently and wow it turned into a nice amount of money.

[Rambone]

$1.4 mil ain’t what it used to be. Sheeeeiiiiit