Ever wonder how your net worth stacks up with the rest of your age group in America? We made a net worth by age calculator using Federal Reserve data – merely enter your net worth and the age range of the primary earner in the household to see which net worth quantile your net worth puts you in for your age group!
Once you select your inputs, we will graph all of the net worth breakpoints for that age range below. Also, if you want to take a closer glance at our data, you can find a spreadsheet to download below.
Bonus: when you’re done, we also have an income by age calculator as well!
Net Worth Bracket for Every Age in the United States
Methodology and Source on the Net Worth by Age Calculator
This calculator uses Federal Reserve SCF data. Our complete methodology is detailed in the first article in the series, about how income doesn’t particularly predict net worth very well. We are using the net worth formulation identical to the one laid out in the Federal Reserve’s SCF SAS macro.
Just like in our income by age calculator, we release the data to you here in csv format. We’d appreciate a note and a credit if you use it (but it’s up to you, of course). Be sure to credit the Federal Reserve Survey of Consumer Finances, however:
Previous Articles in the SCF Series
For more context, we have to point you to other articles in this series, which better explain some of the trends and interesting points we see in this data:
- Income is Not Net Worth: The Raw Data
- The Older You Get, The More Discipline Helps Your Net Worth
- The Net Worth of American Retirees
- The Net Worths of Different Age Groups in America
- Average Drawdowns of Wealth for American Retirees
- How any Accredited Investors are there in America?
If you’re interested in this calculator, be sure to check out the net worths of different age groups (and the retiree) article.
So, how do you stack up in the net worth by age calculator? About where you expect? Anything interesting you see in the data?
Does the net worth here include the value of the primary residence?
It does, yes. In the linked document, search ‘assets’ and trace back, you’ll see ‘equity’, which counts as primary resident equity.
Let me know if you think I should do something on primary home equity – a quick glance reveals it to be a pretty big deal in national net worth.
So is this household net worth or per (adult) capita?
Per ‘household’, which is generally tax unit (but not exactly). There are roughly 122.5 million households.
The title of your calculator and the horizontal axis are incorrect?
They were – thank you!
Crap, I missed my target by 2%. And I age out next year. *sigh*
This is a very fun toy.
Mmh…I’m a citizen of a 3rd world country and my networth is in the 90th percentile for an American. I only have a fraction of the disposable income of the average American 32 yo however.
How about net worth by individual not by household.. I am not including my partner’s NW for instance although I guess I could guess at it..
Hmm, I don’t know of any datasets that attempt to break that down and assign wealth that way – best we could do with this one is for singles, but you’d have all sorts of selection bias in there. I’ll keep an eye out, though.