Seeing how your net worth stacks up against the average for your income level may help you make smart money moves. Key ...

Unlike income, which often decreases once you retire, net worth reveals whether you're financially secure -- and which wealth ...

Upper-income households in the U.S. generally have a net worth significantly higher than lower-income households. According to Pew Research Center, the median net worth of upper-income households is ...

Tracking your net worth is like keeping a scorecard of your financial progress in life. Calculating your net worth is straightforward. First, you add up all of your assets -- your checking account, ...

Your net worth is like a scorecard of how you're doing financially. Consistently moving in a positive direction means you're making solid progress toward becoming financially independent and toward ...

People usually earn the most money between ages 45 and 54. Income and wealth depend on education, homeownership, and spending ...

The Federal Reserve’s Survey of Consumer Finances (SCF) is a triennial report that provides a financial snapshot of American households. In the 2022 SCF, American households reported a median ...

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...

Are you richer than your neighbor? You can make an educated guess at the answer by reviewing your wealth relative to net worth averages. If the comparison doesn't go your way, your next question may ...

Increasing your net worth requires spending less than you earn, which is a lot easier with a high income. Higher-income households not only have higher net worths, they have higher net worths relative ...

Every three years, the Federal Reserve publishes a financial snapshot of the American population with its Survey of Consumer Finances (SCF). The report explores income, net worth, asset ownership, and ...