Average Net Worth of Retirees

U.S. households reported an average income of $141,390 and an average net worth of $1.06 million in the 2022 U.S. Federal Reserve Survey of Consumer Finances. The average man in America retired at age 65. The average woman retired at age 63. For heads of households ages 65 to 74, Americans reported a median net worth of $410,000 and an average net worth of $1.78 million.

Figure 1: Average Net Worth of Retirees

Video: Average Wealth of Retirees