Your net worth is the sum of all your assets (cash, property, stocks) minus debt (think credit-card charges, student loans, home loans). But the number doesn’t paint a full picture of your ...

As for families younger than 35 years old, they saw the largest growth, with their median and mean net worth more than doubling between surveys, yet they also remained the least wealthy age group.

Or you can have a negative net worth, meaning that your liabilities are greater than your assets, and you don’t have a financial cushion in this situation, either.

The mean and median net worth listed here are not required numbers to retire or live comfortably, and they may not be possible for many people to achieve, especially when inflation squeezes savings.

At the highest level, the average net worth in our country of all households in 2022 is $1,059,470, while the median is $192,700. Here is my commentary on some of the facts and figures in the report.

If you wanted to be in the top 5% of households at that point, you would need a net worth of $3,795,000. As you might expect, though, you don't need as much to reach the top 5% of younger ...

The latest SCF was conducted in 2022 and published in 2023. The median net worth among U.S. families at the time was $192,700. Median is one way to measure the average.

According to the Federal Reserve Survey of Consumer Finances, published in October 2023, both median and mean net worth rose for all age groups between 2019 and 2022. As for families younger than ...

According to the Federal Reserve Survey of Consumer Finances, published in October 2023, both median and mean net worth rose for all age groups between 2019 and 2022. As for families younger than ...