Average Net Worth for Americans at Age 60
According to Empower’s January 2026 data, the average net worth for Americans in their 60s is approximately $1.58 million, closely aligning with the Federal Reserve’s 2022 Survey of Consumer Finances, which reported an average of $1.57 million for individuals aged 55 to 64. However, the median net worth for 60-year-olds stands significantly lower at $274,564, as highlighted by Empower, with the Federal Reserve noting a median of $364,500 for the 55 to 64 age group.
High net-worth individuals, such as Jeff Bezos and Melinda French Gates, skew these averages, making median figures more indicative of the typical financial situation. It’s essential to assess retirement readiness based on projected retirement income rather than just net worth figures.
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