Rank your net worth to specific age groups to see where you stand or where you project yourself to be in the future. Use the percentiles to compare your net-worth to US households using data from 2013. To use this calculator, enter the age ranges of the head of households you would like to restrict your comparison to and a net worth value to rank with in that age range. Read about how closely this calculator matches official US Treasury published statistics.
If you need help calculating your net worth, try out How to Calculate your Net Worth for a guided tool. It will ask for you assets, such as stocks and savings accounts, and subtract your liabilities, such as loans, to figure out your net worth for you. You can take that number back to this page to compare your net worth to others.
Net Worth Summary Statistics for Households Aged 65 to 74Net Worth Percentile Rank : A net worth of $0.00 for ages 65 to 74 ranks at the 3.87%
Median Net Worth : $229,800.00
Mean Net Worth : $1,054,417.00
Net Worth 25th - 75th Percentile Ranges : $71,900.00-$703,000.00
Net Worth Percentiles by AgeFor reference, here is how much money you would have to have to rank at certain percentiles for ages 65 to 74
Net Worth Visualizations
The bubbles represent households and are scaled by household net worth, but they are not fully proportional due to the space required.
Share These Results :These results are based off of 817 individual samples where the head of household was age 65 to 74 and are weighted to represent 15789150 American households. The SCF is known to be slightly biased towards higher incomes values, which the Federal Reserve attempts to correct for by adjusting the weighting of each individual response. Keep this in mind if the number of responses your output is based off of is low, or if you are looking at the tail ends of the data--like the top 1% or bottom 1%.
The numbers are based off of the results of the 2013 Survey of Consumer Finances by the Federal Reserve. I used R to separate one of the five imputations with the sample replicatant weights from the Federal Reserve. If you want to do your own analysis check out the raw data, and also check out this guide on how to import the data into R http://www.r-bloggers.com/analyze-the-survey-of-consumer-finances-scf-with-r/. The number of samples per age vary quite a bit, so you might get unusual results for certain ages.
Net Worth Articles
One interesting tid-bit about net worth is that the median net worth for a 30 year old has dropped by over half in the last 10 years.
Read about the overall distribution of net worth by age.