What Net Worth by Age Means
Net worth is the difference between your assets and liabilities. Tracking net worth by age helps you compare your financial position with typical benchmarks for your age group.
Average Net Worth by Age
Median net worth rises with age as people build savings, pay down debt, and accumulate assets. Federal data shows the median net worth for households under 35 is much lower than for those aged 65 and older. You can explore detailed tables on the Federal Reserve Board website.
How to Improve Your Net Worth at Any Age
Increase assets by saving consistently, investing in diversified accounts, and reducing high interest debt. Monitor your net worth regularly using a simple spreadsheet or financial app to stay on track.
