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by orangecat 5173 days ago
Most older Americans are broke.

Source? By the last numbers I've seen, net wealth increases directly with age.

1 comments

This is before the housing crisis -it is much worse now

What you see above and below is where the US stood in 2007. Again because this data is as close to 100% accurate as you can get.

Avg Net Worth Bottom 25%: $4,600 Avg Net Worth Next 25 – 50%: $21,700 Avg Net Worth Next 50 – 75%: $78,900 Avg Net Worth Next 75 – 90%: $242,800 Avg Net Worth Top 10%: $1,606,600