What is a good net worth by age?
There is no universal figure that counts as good. Net worth depends on income, location, family circumstances and when you began saving. Benchmarks can still give context.
Median net worth by age
The Federal Reserve's 2022 Survey of Consumer Finances reports median net worth for US households by the age of the head of household:
- Under 35: about $39,000
- 35 to 44: about $135,600
- 45 to 54: about $247,200
- 55 to 64: about $364,500
- 65 to 74: about $409,900
- 75 and older: about $335,600
These are medians, meaning half of households are above and half below. They are a description of what households hold, not a target to reach.
Why averages mislead
Mean net worth runs much higher than the median because a small number of very wealthy households pull the average up. When you compare yourself to a benchmark, use the median.
A more useful comparison
The most informative comparison is with yourself. Is the figure higher than it was a year ago? Is the share held in investments rising? Is debt shrinking relative to assets? A steady upward direction says more than a position on a table.
Where MizuFlow fits
MizuFlow records your net worth daily from your linked accounts, so the trend over one month, six months or a year is always visible, alongside your investment share and debt-to-asset ratio.
Source: Board of Governors of the Federal Reserve System, Changes in U.S. Family Finances from 2019 to 2022 (Federal Reserve Bulletin, October 2023), Table 2, median net worth by age of family head, in 2022 dollars. Figures rounded.