Overview
- Empower’s 2026 data shows average net worth of about $1.36 million for people in their 50s and $1.58 million for those in their 60s.
- In the same Empower sample, the median is far lower at $180,227 for people in their 50s and $274,564 for those in their 60s.
- The Federal Reserve’s Survey of Consumer Finances reports a 2022 median net worth of $364,270 for ages 55–64 and a median household income of $82,150 for that group.
- Investopedia’s analysis of Fed data finds only about 10.5% of Americans ages 18–39 have at least $500,000, with a median net worth near $178,000 around age 40.
- Home equity often represents the largest share of wealth for midlife households, which can overstate liquid retirement resources, and results differ between Empower users and the Fed’s nationally representative survey.