Americans dont save enough for retirement, None of us have to live in expensive cities, primary residence as a percentage of net worth guide, properasset allocationin relation to personal risk, Buy This, Not That: How To Spend Your Way To Wealth And Freedom, https://www.financialsamurai.com/the-average-net-worth-for-the-above-average-married-couple/, https://www.financialsamurai.com/are-you-a-real-millionaire-3-million-new-1-million/, Now I have quite a bit of liquid cash to put into a Betterment account, Investment Strategies For Retirement Based On Modern Portfolio Theory, Solving Financial Insecurity To Live More Freely | Financial Samurai, Scraping By On Five Hundred Thousand A Year | Financial Samurai, The Top 1% Net Worth Amounts By Age | Financial Samurai, The average net worth for Americans less than 35: $73,500, The average net worth for Americans between 35 44: $299,200, The average net worth for Americans between 45 54: $542,700, The average net worth for Americans between 55 64: $843,800, The average net worth for Americans between 65 74: $690,900, The average net worth for Americans 75 or more: $528,100. Some also define upper middle class as those who are college educated with incomes in the top 15%. It would be nice if my investments do better than I expected so I can leave a large amount to charity, but Im not going to go out of my way and work several more years just to ensure I never draw down principal. In the above average category what is the case? But, the biggest surprise is the $843,800 average net worth figure for the typical American ages 55-64. Through real estate I purchased my first 4 plex at 32 years old (Bay Area 1992). All values are gross, pre-tax income earned between January and December 2021. I do believe there is a difference between having a high income and having a lot of assets. Roughly $160,000 of my annual passive income comes from real estate. gtag('config', 'UA-10307238-1'); (d=a.next()).done;)e.push(d.value)}catch(l){var f={error:l}}finally{try{d&&!d.done&&(c=a["return"])&&c.call(a)}finally{if(f)throw f.error;}}return e}function k(a,b,c){if(c||2===arguments.length)for(var d=0,e=b.length,f;d