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AVERAGE NET WORTH BY AGE:
Throughout Your 20s:
Average Net Worth: -$23,704
Median Net worth: $7,638
Average Net Worth Late 20s: $113,084
Top 1% Income: $650,000 / Year
Top 1% Net Worth: $350,000
To Do In Your 20s:
Build Your Credit Score
Open Up A Roth IRA
Save 20% Of Your Income
Start Investing
Throughout Your 30s:
Median Net Worth: $35,649
Average Net Worth: $317,171
Top 1% Net Worth: $956,000 – $4,034,486
Median Income (Age 35): $61,500 / year
Average Income (Age 35): $82,871 / year
Top 1% Income (Age 35): $400,000 / year
Top 0.1% Income (Age 35): $2 million+ / year
To Do In Your 30s:
Pay off all high-interest debt (6–7%)
Maintain a credit score of at least 750
Keep a 3–6 month emergency fund
Save at least 20% of your income
By 35, target net worth of ~2× income or 4× annual expenses
Throughout Your 40s:
Median Net Worth: $125,370
Average Net Worth: $791,616
Top 1% Net Worth: $6.5 million – $8.45 million
Median Income: $60,000 / year
Average Income: $85,450 / year
Top 1% Income: $400,000 / year
Top 0.1% Income: $1,062,000 / year
To Do In Your 40s:
Consider buying a home if it makes financial sense
Max out retirement accounts (Roth IRA, 401k, HSA)
Stick to a budget despite higher income
Aim for 5–7× annual spending invested by late 40s
Throughout Your 50s:
Median Net Worth: $288,263
Average Net Worth: $1,406,887
Top 1% Net Worth: $13,231,940 – $15,371,684
Median Income: ~$60,000 / year
Average Income: ~$77,000 / year
Top 1% Income: $400,000 – $500,000 / year
Top 0.1% Income: ~$1.4 million / year
To Do In Your 50s:
Track your expenses carefully to plan retirement needs
Aim to be halfway through paying off your mortgage
Ensure retirement savings can cover ~25× annual spending
Prepare for possible lower income or earlier retirement
Throughout Your 60s:
Median Net Worth: $439,154
Average Net Worth: $1,703,727
Top 1% Net Worth: $17 – $22 million
Net worth may peak and begin declining as spending increases and income slows
To Do In Your 60s:
Pay off mortgage to reduce expenses
Expect spending to decline post-65 due to lifestyle changes
Begin penalty-free withdrawals from retirement accounts (e.g. Roth IRA after 59½)
Start planning Social Security withdrawals strategically
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