Top 10% of 50-59-year-olds have net worth of $2.6M, with $375K in debt on average.

From Yahoo Finance: 2025-07-02 13:01:00

Are you doing better financially than your peers? The Federal Reserve’s Survey of Consumer Finances provides insights into American household wealth, with the top 10% of households aged 50-59 having a net worth of at least $2,629,060, compared to a median of $285,000. Many high-net-worth households still carry debt, averaging around $375,000, often tied to mortgages.

“Rich” is relative, varying based on lifestyle choices and risk tolerance. Celebrate if you’re among the top 10%, or keep building wealth through slow and steady progress or bold investments. Ultimately, financial success is defined by you. Stay informed with Benzinga Edge’s market trade ideas and tools for a competitive edge in trading.



Read more at Yahoo Finance: Are You Secretly Rich? Here’s What The Top 10% of People In Their 50s Actually Have