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Showing posts with the label averagenetworthin2020

The Median Net Worth at Age 62

This video discloses the average net worth by age 62 for an American two different ways. We're all consumed by averages and benchmarks. They help us make sense of the world around us and are sometimes just good fun. In this video, I discuss the average net worth of a 62 year old by both mean and median. At the end I also show you what the top 1% has as their net worth and how most of them got there - you can't invest your way to that number! Don't forget to subscribe! Important Links: Federal Reserve Board Survey of Consumer Finances: Social Security Administration Application for Benefits Current Social Security Cost of Living Adjustment Social Security Payment Estimator THE CHANNEL’S MOST POPULAR VIDEOS Should You Take Social Security at Age 62 and Invest it? 7 GOOD REASONS to File for Social Security Benefits at Age 62 Average Retirement Savings by Age 60. Are You Almost Ready to Retire?!? The BEST AGE to File for Social Security Retiremen