22.12.2024 10:40:00
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Here's the Average Net Worth by Age and 5 Ways to Make Money in 2025 and Beyond
The Federal Reserve conducts its Survey of Consumer Finances (SCF) every three years. The report provides a snapshot of the financial conditions of U.S. households, measuring income, assets, and debt across various demographic categories.The latest SCF was conducted in 2022 and published in 2023. The median net worth among U.S. families at the time was $192,700. Median is one way to measure the average. It refers to the middle value of a data set, meaning half the numbers are bigger and half the numbers are smaller. So, anyone with a net worth above $192,700 ranks in the top 50% of American households.However, it makes more sense for individuals to benchmark themselves against people of a similar age. Time is one of the most important variables when it comes to building wealth. Read on for an age-based breakdown of the median net worth in the U.S. and to see five money-making strategies for 2025 and beyond.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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