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Personal Finance and Investing

Marthe48

(21,408 posts) Sun Nov 5, 2023, 10:50 PM Nov 2023

2

Average net worth [View all]

I saw a headline about average net worth on Yahoo. How accurate are the numbers in this article? https://www.yahoo.com/news/average-net-worth-americans-age-193418831.html

I'm comfortable, but I don't think I'm that comfortable!

11 replies

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Average net worth [View all] Marthe48 Nov 2023 OP

I'm definitely above the median but nowhere near the average according to my age group jimfields33 Nov 2023 #1

That's what I thought Marthe48 Nov 2023 #2

They are distorted by the ULTRA rich. Happy Hoosier Jan 2024 #10

Marthe, I can lend you $20 if it helps True Dough Nov 2023 #3

That's so kind of you Marthe48 Nov 2023 #4

Good article. The average net worth doesn't mean a lot. The Median is believable if home equity Silent Type Nov 2023 #5

There are drivers that feed net worth, but even they are not a guarantee bucolic_frolic Nov 2023 #6

Anyone that has ever taken a statistics class (especially business statistics) walkingman Nov 2023 #7

Those numbers, especially the median, PoindexterOglethorpe Nov 2023 #8

If I moved across the Ohio to WV Marthe48 Nov 2023 #9

The gap in median and average - Statista Research Summary AnnaLee Mar 2024 #11

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