To be in the top 5% of households in the United States, a household's net worth must be over $3.8 million. This is a significant financial achievement that requires strategic planning and wealth management. Here are some other wealth statistics for the United States: Household net worth In the fourth quarter of 2023, household net worth reached a record high of $156.2 trillion. Top 1% of households The average wealth of households in the top 1% is about $35.5 million. The average household in the top 0.1% has a wealth of more than $158.6 million. Top 10% of households In 2022, the top 10% of American households had a minimum net worth of $1,936,900. Bottom half of households In 2022, the bottom half of households held only 6% of wealth
The net worth required to be in the top 5% of US households varies by age, with the 95th percentile being:
60–69: $6,684,220
The median net worth for people aged 65–74 is $410,000
The 99th percentile net worth rises sharply with age, peaking over $22 million in a person's late 60s
To be in the top 5% of households in the United States, a household's net worth must be over $3.8 million. This is a significant financial achievement that requires strategic planning and wealth management. Here are some other wealth statistics for the United States: Household net worth In the fourth quarter of 2023, household net worth reached a record high of $156.2 trillion. Top 1% of households The average wealth of households in the top 1% is about $35.5 million. The average household in the top 0.1% has a wealth of more than $158.6 million. Top 10% of households In 2022, the top 10% of American households had a minimum net worth of $1,936,900. Bottom half of households In 2022, the bottom half of households held only 6% of wealth
https://www.myroadtofire.com/blog/average-net-worth-by-age
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