You can use this chart to determine where you stand in terms of wealth compared to others in the US. (Should be a bit more useful than comparing only 401K accounts.)
The net worth includes all accounts (savings, investments, equity in the primary home, debt, etc)
Data was compiled from the 2016 US Treasury Data via:
The data is old, because it's Treasury data, but it's very interesting. The gap between 90% and 99% is wild. A median income earner at retirement age (65) has less money than a 90th percentile 30-34 year old.
The net worth includes all accounts (savings, investments, equity in the primary home, debt, etc)
Data was compiled from the 2016 US Treasury Data via:
- https://dqydj.com/net-worth-by-age-calculator-united-states/
- https://www.shnugi.com/networth-percentile-calculator/
- https://dqydj.com/the-net-worth-of-different-age-groups-in-america/
The data is old, because it's Treasury data, but it's very interesting. The gap between 90% and 99% is wild. A median income earner at retirement age (65) has less money than a 90th percentile 30-34 year old.
