Average American Savings by age Younger than 35 years old is $76,300, as of 2019.

Average American Savings by age between 35 to 44, the average net worth is $436,200

Average American Savings by age between 45 to 54 that number increases to $833,200.

Average American Savings by age between 55 to 64 Average net worth cracks the $1 million mark, reaching $1,175,900.

Average American Savings by age between ages 65 to 74, to $1,217,700,

Average American Savings by age 75 someone over age $977,600.

Ways to Grow Your Net Worth Eliminate your debt load, tackling high-interest debt as soon as possible

Ways to Grow Your Net Worth Cut back on frivolous or luxury spending, sticking as close as you can to a set budget.

Ways to Grow Your Net Worth Put savings and emergency funds into liquid growth accounts, like high-interest savings accounts.

Ways to Grow Your Net Worth Think about increasing your retirement contributions to the maximum amount, taking advantage of employer matches and tax deferment