The Wealth Paradox of Age 65 74: A Story of Two Americas The Federal Reserve's Survey of Consumer Finances reveals a complex picture of Americans aged 65 74.
This demographic boasts the highest median net worth at $410,000, but the statistics also show a stark contrast between those who have succeeded in building wealth and those struggling to make ends meet.
Home equity is a primary driver of wealth for this age group. Seventy six percent own their homes outright, with a median value of $320,000.