Is $50,000 a good net worth at 55?
A net worth of $50,000 at age 55 ranks in roughly the 16th percentile for the 55-64 bracket, below average. The median for this age is $419,000, so you're behind the typical person your age.
Frequently asked questions
Is $50,000 a good net worth at 55?
It places you in about the 16th percentile for your age group, below average. The median is $419,000 and the top 25% start at $1,220,000.
What percentile is $50,000 at age 55?
Approximately the 16th percentile, based on U.S. Federal Reserve Survey of Consumer Finances data.
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