Median Net Worth of Americans Ages 55–64 Reaches $364,270 According to Federal Reserve Data
The median net worth for American households aged 55-64 is reported at $364,270 by the Federal Reserve's Survey of Consumer Finances. This age group holds significant wealth tied in home equity and retirement savings but also carries debt. The data highlights disparities within this demographic as they approach retirement.
Topics: demographics Federal Reserve data net worth retirement savings