For most retirees, Social Security forms the backbone of their income. In 2024, the average monthly benefit is about $1,900, ...

For most retirees, Social Security forms the backbone of their income. In 2024, the average monthly benefit is about $1,900, ...

Think you know what the typical American is worth? A revealing analysis shows most Americans have far less saved than the ...

The Federal Reserve’s 2022 consumer finance survey unveils a striking picture of American prosperity. The mean net wor ...

The Federal Reserve conducts its Survey of Consumer Finances (SCF) every three years. The report provides a snapshot of the ...

Across all age groups, the overall benchmark to crack the top 10% in the U.S. is a net worth of $1.94 million. If these ...

The median wealth of Americans between the ages of 25 and 39 had increased to $80,500 in 2022, a massive increase from $23,750 in 2010.

The chart below shows the median net worth among American households based on the age of the reference person. As shown above, U.S. households reported a median net worth of $192,700 in the 2022 ...

The chart below shows the median net worth among American households based on the age of the reference person. Data source: Federal Reserve 2022 Survey of Consumer Finances. Note: Reference person ...

Let’s start with the big picture. The median net worth of all Americans in 2022 was $192,900. The average net worth (which skews to the upside due to folks with extremely high net worths ...

From 2019 to 2022, the median net worth of young Americans more than doubled. Not all signs were good, however, with the report stating that several changes have contributed to an increasing sense ...