Net worth is one of the best indicators of how financially strong you are. Your net worth is essentially everything you have (eg. cash, investments, home equity) minus everything you owe (eg. student loan, car loan, credit card bills, mortgage).
However, a high net worth can sometimes be deceiving. As an example, a person’s home equity value might inflate their net worth figure, but they might have minimal savings and be cash poor.
We do think it’s important to know your net worth, and also compare it to others in your age range to see how you’re doing.
Average Net Worth by Age
Here are the average net worth values by age in America.
Don’t be discouraged if your net worth is lower than these numbers as everyone’s situation is different. The “average” numbers are also heavily skewed by the super wealthy.
| Age | Average Net Worth |
|---|---|
| < 30 | $80,000 |
| 40 | $300,000 |
| 50 | $700,000 |
| 60 | $1,200,000 |
| 70 | $1,000,000 |
| 80 | $900,000 |
For a more realistic view of what most people’s net worths are, check out our “Median Net Worth by Age” numbers in the next section.
Median Net Worth by Age
Here are the median net worth values by age in America. The median value represents the exact middle of the net worth values in each age bracket.
| Age | Median Net Worth |
|---|---|
| < 30 | $12,000 |
| 40 | $60,000 |
| 50 | $120,000 |
| 60 | $200,000 |
| 70 | $225,000 |
| 80 | $260,000 |
If you want to start improving your net worth, then you’ll have to set up a robust investment portfolio. Check out our recommendation for what investments you should buy for a well-rounded portfolio: Sample Portfolio.
We are not financial advisors, and no content on this site should not be taken as financial advice. No guarantee can be made if you invest based on the information provided on this blog. We make no warranty of any kind regarding the blog and/or any content, data, materials, information, products or services provided on the blog.
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