The net worth it takes at every age to be richer than most people you know

  • The typical American household has a net worth of about $97,300.
  • To be in the richest 20% of the US population, you need a household net worth of nearly $500,000.
  • It can be helpful to see how your net worth compares with others’, broken down by age. For example, the richest 20% of 41- to 45-year-olds are worth at least $379,000.
  • Visit Business Insider’s homepage for more stories.

The journey to building wealth is a highly personal one, but it may be helpful to know how you compare with others along the way.

To find out the median net worth of Americans at every age, Harness Wealth, a firm that matches financial advisers with clients, used household-wealth data from the Federal Reserve’s 2016 Survey of Consumer Finances and developed a proprietary classification of ages and ranges of net worth.

The typical American family had a net worth of $97,290 in 2016, which is the most recent data available. In other words, 50% of the population has a net worth below that threshold, and 50% has a net worth above it.

People in the richest 20% are worth at least $500,000, according to Harness Wealth’s data. You can compare your net worth using its net-worth calculator.

Read more: How much money you need to retire at every age and comfortably live on investment income

It’s important to understand the difference between income and net worth. Net worth is what you’re left with after subtracting your liabilities (what you owe) from your assets (what you own), whereas income is what you earn each year and what’s reported on an income-tax return. A high income doesn’t necessarily translate to a high net worth, which is why the latter is often a better benchmark for measuring wealth.

Keep reading to find out what it takes to be in the richest 20% of US households, according to Harness Wealth’s calculations, as well as what it takes to be in top 50% and the top 10%.


18 to 25 years old: $22,750

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Christopher Polk/Getty

To be in the top 50%, you need a net worth of at least $4,000.

To be in the top 10%, you need a net worth of at least $65,510.


26 to 30 years old: $82,500

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Michael Dodge/Getty Images

To be in the top 50%, you need a net worth of at least $12,000.

To be in the top 10%, you need a net worth of at least $142,710.


31 to 35 years old: $144,950

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Victoria Savostianova/Shutterstock

To be in the top 50%, you need a net worth of at least $30,400.

To be in the top 10%, you need a net worth of at least $259,780.


36 to 40 years old: $218,400

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Tim Clayton/Corbis via Getty Images

To be in the top 50%, you need a net worth of at least $47,700.

To be in the top 10%, you need a net worth of at least $464,100.


41 to 45 years old: $379,000

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Dan Kitwood / Staff / Getty Images

To be in the top 50%, you need a net worth of at least $85,600.

To be in the top 10%, you need a net worth of at least $721,800.


46 to 50 years old: $546,200

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Mychal Watts/Getty Images for SOBEWFF

To be in the top 50%, you need a net worth of at least $131,590.

To be in the top 10%, you need a net worth of at least $1,173,100.


51 to 55 years old: $586,470

To be in the top 50%, you need a net worth of at least $134,920.

To be in the top 10%, you need a net worth of at least $1,224,500.


56 to 60 years old: $998,100

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Antony Jones/Getty Images for Cartier

To be in the top 50%, you need a net worth of at least $188,250.

To be in the top 10%, you need a net worth of at least $2,456,300.


61 to 65 years old: $1,015,350

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Hero Images/Getty

To be in the top 50%, you need a net worth of at least $209,700.

To be in the top 10%, you need a net worth of at least $1,957,700.


66 to 70 years old: $852,300

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Getty Images / Tim Graham

To be in the top 50%, you need a net worth of at least $218,500.

To be in the top 10%, you need a net worth of at least $1,712,000.


71 to 75 years old: $990,500

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Photographee.eu/Shutterstock

To be in the top 50%, you need a net worth of at least $255,900.

To be in the top 10%, you need a net worth of at least $2,118,600.


76 to 99 years old: $1,003,800

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Alan Crowhurst / Stringer / Getty Images

To be in the top 50%, you need a net worth of at least $259,900.

To be in the top 10%, you need a net worth of at least $2,079,069.

Editor’s note: An earlier version of this story mislabeled the net worth it takes to be in the top percent of each age group. These figures represent the minimum net worth you need, not the median.