John Schmidt is the Former Assistant Assigning Editor for investing and retirement. Before joining Forbes Advisor, John was a senior writer at Acorns and editor at market research group Corporate ...

Average net worth peaks between ages 70 and 74. The state with the lowest average net worth is Louisiana. The wealthiest state by net worth is Hawaii. Net worth is a measure of financial stability ...

If you’re planning your own retirement, you probably have a retirement savings goal in mind. Americans believe the “magic number” they need to retire comfortably is $1.26 million, according to a ...

Sometime around age 50, the average American can now expect a household net worth exceeding $1 million. How did so many 50-somethings become millionaires? Household wealth swelled at a record pace ...

Are you richer than your neighbor? You can make an educated guess at the answer by reviewing your wealth relative to net worth averages. If the comparison doesn't go your way, your next question may ...

Average U.S. net worth in 2022 was $192,700, with White and Asian households leading. College grads' median net value ($464,400) significantly surpasses high school grads'. Investing and dealing with ...