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