Average Net Worth by Age in 2026: How Do You Compare?

“Is my net worth normal for my age?” is a natural question, and the honest answer depends heavily on whether you look at the median or the average. This page gives you both, by age band, straight from the Federal Reserve’s 2022 Survey of Consumer Finances (the SCF, the most authoritative wealth survey in the U.S., released October 2023). We also explain why the two numbers diverge so wildly, and which one you should actually compare yourself to.

Net Worth by Age at a Glance

Across all U.S. families in the 2022 SCF:

1. Average & Median Net Worth by Age

Net worth follows a clear life-cycle pattern: it builds through your working years, peaks in the mid-60s to mid-70s, then eases in later retirement as savings are drawn down. Here is the full breakdown.

Where Do You Stand? Compare Yourself

Enter your age and net worth to see instantly how you compare to the median and average for your age group, using the Federal Reserve figures above. Nothing is stored, the numbers stay on your device.

How to read your percentile. The median is the 50th percentile for your age group, so if your net worth is above your age band's median, you sit in the top half of U.S. households your age; below it, the bottom half. That's the one percentile the Fed publishes directly by age. Finer cutoffs (top 10%, top 1% by age) are estimated from the SCF's raw microdata and shift with each release, so treat any such figure as an approximation, not gospel, the median and mean here are the two benchmarks the Federal Reserve reports outright.

2. Why the Average Dwarfs the Median

The single most important thing to understand about net-worth data: the mean ($1,063,700) is more than five times the median ($192,900). That enormous gap exists because net worth is extremely top-heavy, a small number of very wealthy households hold a huge share of total wealth, dragging the average far above what a typical family has.

The gap widens with age as wealth concentrates: at ages 65–74, the mean ($1,794,600) is more than four times the median ($409,900). It’s also why real median net worth jumping 37% between 2019 and 2022 was such a notable, broad-based gain, median moves reflect the typical family, not just the top.

3. What Counts as Net Worth

Net worth is simply everything you own minus everything you owe:

• Assets, cash and bank accounts, retirement accounts (401(k)s, IRAs), taxable investments, home and other real estate, vehicles, and business interests.
• Liabilities, mortgage balance, student loans, car loans, credit-card debt, and any other money owed.

Home equity and retirement accounts are the two biggest drivers of net worth for most families, which is exactly why net worth climbs steadily through the working years as mortgages get paid down and retirement balances compound. To tally your own figure in a couple of minutes, use the free Net Worth Calculator.

4. How to Grow Your Net Worth

If you’re below the median for your age, the mechanics of building wealth are straightforward, and slow-but-steady beats dramatic:

• Attack high-interest debt. Paying off a 22% credit-card balance is a guaranteed 22% return on your net worth, and the average card balance runs $6,735. Map your payoff with the debt-payoff calculator.
• Invest consistently and capture the employer match. Retirement compounding is the biggest lever over decades, see the 401(k) balances by age for the trajectory.
• Build home equity by paying down principal, for most families it’s the largest single asset (though whether to prepay or invest instead is its own decision).
• Keep a cushion so you don’t sell investments or take on debt in an emergency. Check the average emergency fund by age and where to keep it.

Zooming out, every one of those moves pulls one of four levers: reduce liabilities, grow assets, manage expenses, and increase income. Progress on any single lever lifts your net worth; working two or three at once compounds the effect.

A few common mistakes quietly stall that progress: ignoring liabilities (net worth is assets minus debt, not just what you own), letting lifestyle inflation absorb every raise, and never actually tracking the number. Recalculate it a couple of times a year, a free tool like Empower or Monarch Money can sync your accounts and chart the trend, or tally it by hand with our Net Worth Calculator.

5. Sources & Methodology

All figures are taken directly from the primary Federal Reserve report, not a secondary summary. The Survey of Consumer Finances is conducted every three years; 2022 is the most recent release (the 2025 survey is not yet published), so these are the current authoritative benchmarks as of July 2026.

• Federal Reserve, Changes in U.S. Family Finances from 2019 to 2022: median and mean net worth by age of reference person (Table 2), in 2022 dollars.
• Federal Reserve, Survey of Consumer Finances: survey background and methodology.

Note: the SCF reports by family (household), and net worth includes home equity and all assets, so these figures are higher than 401(k)-only or savings-only benchmarks.

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“Average Net Worth by Age in 2026: How Do You Compare?” Wealthy Pot, 2026. https://wealthypot.com/average-net-worth-by-age/

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This article is for educational purposes only and is not personalized financial advice. Consult a qualified financial professional about your specific situation.