Average Net Worth In 2025 – By Age (Not What You Think)
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AVERAGE NET WORTH BY AGE:
Throughout Your 20s:
Average Net Worth: -$23,704
Median Net worth: $7,638
Average Net Worth Late 20s: $113,084
Top 1% Income: $650,000 / Year
Top 1% Net Worth: $350,000
To Do In Your 20s:
Build Your Credit Score
Open Up A Roth IRA
Save 20% Of Your Income
Start Investing
Throughout Your 30s:
Median Net Worth: $35,649
Average Net Worth: $317,171
Top 1% Net Worth: $956,000 – $4,034,486
Median Income (Age 35): $61,500 / year
Average Income (Age 35): $82,871 / year
Top 1% Income (Age 35): $400,000 / year
Top 0.1% Income (Age 35): $2 million+ / year
To Do In Your 30s:
Pay off all high-interest debt (6–7%)
Maintain a credit score of at least 750
Keep a 3–6 month emergency fund
Save at least 20% of your income
By 35, target net worth of ~2× income or 4× annual expenses
Throughout Your 40s:
Median Net Worth: $125,370
Average Net Worth: $791,616
Top 1% Net Worth: $6.5 million – $8.45 million
Median Income: $60,000 / year
Average Income: $85,450 / year
Top 1% Income: $400,000 / year
Top 0.1% Income: $1,062,000 / year
To Do In Your 40s:
Consider buying a home if it makes financial sense
Max out retirement accounts (Roth IRA, 401k, HSA)
Stick to a budget despite higher income
Aim for 5–7× annual spending invested by late 40s
Throughout Your 50s:
Median Net Worth: $288,263
Average Net Worth: $1,406,887
Top 1% Net Worth: $13,231,940 – $15,371,684
Median Income: ~$60,000 / year
Average Income: ~$77,000 / year
Top 1% Income: $400,000 – $500,000 / year
Top 0.1% Income: ~$1.4 million / year
To Do In Your 50s:
Track your expenses carefully to plan retirement needs
Aim to be halfway through paying off your mortgage
Ensure retirement savings can cover ~25× annual spending
Prepare for possible lower income or earlier retirement
Throughout Your 60s:
Median Net Worth: $439,154
Average Net Worth: $1,703,727
Top 1% Net Worth: $17 – $22 million
Net worth may peak and begin declining as spending increases and income slows
To Do In Your 60s:
Pay off mortgage to reduce expenses
Expect spending to decline post-65 due to lifestyle changes
Begin penalty-free withdrawals from retirement accounts (e.g. Roth IRA after 59½)
Start planning Social Security withdrawals strategically
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I am already behind, thank you Gram for reminding me 😂
uh oh …
You still have time
Easy credit and cheap real estate will be available next year. Be patient.
@Simplyput3451fingers crossed 🤞
Go fund me 😂
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Great C0ntent Capt’N.
Are you familiar with the “Buy, Borrow, Die” strategy that many high net worth people use (especially to significantly decrease their tax liability)? I’ve been considering this but need to reframe my mentality around it. Curious what you think of it. I agree with the logic behind it, but it’s a matter of getting accustomed with the mentality.
I don’t count student loans against net worth, first because the degree’s value isn’t added in on the positive side and second because the monthly payments can be $10 (if you owed me $200k, I wouldn’t discuss payments of $10) and can be forgiven in 10-25 years. You can start a charitable foundation, give yourself a large expense account but modest income; and be forgiven after 10 years of $10/mo of $200k in student loan debt thanks to PSLF (which benefits charity work, not just teachers.)
Graham, the same source you site for the top 1% income says that the 27-31 old 1% income is around $170,000. Please fix this as $650,000 is definitely wrong for top 25 year old earners.
This can’t be right 1 person in 100 in their 20s makes 650k/year but also only has 350k in net worth? Then that drops to $400k in their 30s? Doesn’t make any sense.
I was looking for this comment. 🧠
It is crazy. A few things. For someone to have a career where they are earning $650k that early on means they likely accrued a substantial debt to pay for school or investment into creating a company. Plus, they are probably in a high cost of living area and compound that with taxes, the gross income of $650k is not shoveling as much into their savings/retirement/brokerage accounts as you would think. As for the 1% going from 650k to 400k, you have to look at the top .01% income number of 2 million dollars per year. It’s skewing what you would expect to happen. The rich get substantially richer. The people in the ‘average’ zone in fact feel a pinch compared to the much smaller group whose income & estate balloon to astronomical levels.
I think there is something off with that stat. It’s possible that the average income within the 1% is 650k, as opposed to the threshold income- but that still seems high for 20s.
The 650k is definitely wrong for 25, it looks like that is the top 1% across all ages. From the linked source it says: “1) A top one percent income for all age groups is about $650,000 in 2024 using data from the IRS, the Economic Policy Institute and The Washington Center For Equitable Growth.”
There’s a lot more 20 year old pro athletes than 30 year old pro athletes
Best advice: avoid debt when you’re young because it will follow you and chain you down for the rest of your life
If you’re disciplined there’s only such thing as bad debt.
Yes!!!!! 🙌 I’m glad my parents told me that growing up
…unless you pay it off before the end of your life.😅
Unless you can leverage your debt to get richer…
That depends on how you use debt, in the 5 years I had 100k debt, I used said 100k to build up my wealth to the point I now have 5 houses and working on the 6th. I just finished paying off my 2 personal loans this May.
I was introduced to the channel a few years back, now I am 19 with 35k saved, maxed out Roth IRA for the past 2 years and a 790 credit score with no debt. Graham alone has taught me more than any school has. I love the non-bias information heavy videos! Thanks Graham for all you do!
Well done!! I didn’t buy Strad’s GT, though – he sold his to another guy, I bought the same spec though!
@@GrahamStephanwhoops I’ve thought that was the case for years
@@coopermccaywhy did you edit your comment after he commented? I’m trying to see what you said 😂
@@Beaudaciouss im assuming it was him saying he thought graham bought stradman’s gt
Nice job. Were you working from 15 to 19 to get that 35k?
When I was 20 I use to watch millennial money. I remember watching an episode one day while I was laying in bed and Graham said “One the best things you can do while your young is pay off your debt, stay out of debt and invest” I remember adding up my debt and it came out to about 35k I was so hurt. but thanks to that episode I felt inspired to keep trying its only been four years but I paid off all my debt except my student loans its about 4k left at 5.02% so not too bad. and I have about 68k saved and invested. haven’t paid off my student loans because I invest most of my paycheck pretty much and the payment is only 51 dollars a month. THANKS GRAHAM!!!!!! 😭
What u do bro
@@Bunny-ev3pd for the last four years I’ve been working at Amazon full time.
Hey buddy, you have so much money just pay off your debt at this point. It’s so dumb to hold debt when you have the money
$220k by 30 after starting at 24 years old, I can confirm everything he stated in your 20’s works. I never held a job paying more than $50k a year. The sacrifice and dedication cannot be overstated. And the worst part? You will still mentally feel behind.
I’m almost exactly in line with you and I can confirm I feel behind.
@@scott8934 don’t…you are doing great…your wealth will increase exponentially as long as you don’t make any stupid mistakes
I am almost 32 with 400k invested and also still feel behind…ur not alone lol
@@Alejandro-jj7ycI think it will take a million before any of us feel we aren’t left behind.
Hit $100k last week in investments and it’s thanks to you Graham. When I first found your channel, back when you first started making videos, I was drowning in debt and living paycheck to paycheck. I broke that cycle thanks to you man. You inspired me to invest and stop being in debt to others so, thanks! Btw, miss the “But Grahammm, you said…unlike, unsub” 🤣
This makes me so happy to hear!! Congrats!
Nicely done bud…keep it up and be ready for 2026
Same. I found Graham in 2018-2019 iirc and went from 12k in debt to just broke 110k.
Just wanted to say because of you i opened up a Roth ira 2 years ago at 20 years old and now have about 20k in it already would’ve never known about it if it wasn’t for your videos so thanks!
That’s awesome!! So happy to hear!
It always confuses me when the median & average are so different.. this means there’s some powerful outliers pulling the average away from most people!
Exactly…it’s kind of the point about the growing schizm between the wealthy and the poor…as long as the poor keeps being subsidized, they will not improve their station in life while the wealthy keep investing and increasing their net worth
Been watching this channel for like 6 years, now I’ve got a $88k net worth
Woohoo!!
@@GrahamStephanthat should be mean. But I’ve been slacking 😢😢😢
1:25 I was in and out of jail from 16 years old to 23, I now work a sales job and have $3000 to my name because I never did go to college. There is no way I am ahead. I do not believe this.
Do you own a home? People in their 20’s with a mortgage and/or student loan debt are what’s keeping the average net worth negative
Buddy, if you simply are not in dept you’re WAY ahead of most
@@jamestowles7560just got debt free last month after making my final payments to the courts, I’m now ready to get a car and get behind the wheel again and try again
@@colby7325home ownership isn’t majority of 20 year olds debt. It’s student loan and credit cards. How are you on a finance channel and don’t know this
Its because a lot of people when theyre young buy a new car and have student loans. You don’t have any of that so you don’t have any debt to your name.
Honestly, I was shocked when I saw the average net worth by age for 2025. It really puts things into perspective. We often assume people in their 30s or 40s are financially stable just because they have a house or a nice car, but many are still drowning in debt or living paycheck to paycheck. The numbers don’t lie—and for a lot of us, they’re a wake-up call.
What stood out most to me is how behind so many people feel, even when they’re doing “everything right.” Go to school, get a job, save a little… but with inflation, stagnant wages, and unstable markets, that old formula doesn’t work anymore. The traditional playbook is outdated, and you can see the proof in these net worth figures.
haha “numbers don’t lie”?? Get real. There is literally a saying for it: “There are lies, damn lies, and statistics.”
I doubled my net worth this month.
Closed on a house appraised at 125k, seller was a boomer who didn’t like his tax increase so he sold it for 100k.
I’m debt free with an emergency fund and low retirement, but I sit at 29 with 50k in net worth and a path to build better liquid assets in my 30s.
Whole lot better than negative 81k back in 2020.
Do you live in Kansas or west Virginia to buy a house for $100k? Not unless it needs a lot of work.
Appraised doesn’t mean it will sell for. It’s just their guess…
@@bengunn6571
Iowa actually.
Plenty of room if you want to upsize and have a lower payment.
No guarantees about anything life. I didn’t want to wait till my 60s to enjoy. I took a 3 year sabbatical in my early 30s. I could have made a lot of money during that time and that sabbatical messed up my financial flow but it was still worth it. Another great video by the way.
Insane . I almost fell for
The loan thing. Decided to go to
A cheap place and ended up
Runnning my own businesses. Didn’t even need my accounting degree but it def helped. Applied for scholarships and volunteered my time to make sure I got them
Incase you guys are confused watching this video, you should care a lot more about the median net worth than the average net worth
really you shouldn’t care about any of them, you should do the absolute best you can regardless
Exactly. Average is an absolutely useless metric when it comes to income. Graham should have used median. The mega wealthy skew the Net Worth results to the point the figures don’t mean what you intend. Most people expect “average” to mean what median means.
@DiscoFang did you watch the same video I did he showed the median networth 😂
@DiscoFangngl thats that i thought for the longest time lol.
*In case
0:10 wow, the wealth of the top 1% has really took off since Tuesday… lol
I’ll be honest—after finishing Smart Broke Dumb Rich by Zor Veyl, my first thought was: “How is this book even allowed to exist?” It completely tore apart everything I’d been told by schools, family, and society about money. No fluff, no empty motivational quotes—just brutal, raw truth. Now I get why Smart Broke Dumb Rich by Zor Veyl isn’t mainstream—it’s too honest. If you can get your hands on it, do it before it disappears.
48 yrs old, 550k in investments, 1 yr emergency fund, zero debt