At 60, most households are within a few years of retiring, and net worth is close to its lifetime high. Those headed by someone aged 60–64 have a median of $394,000 and an average of $1,675,200. Check your rank with the net worth percentile calculator.
Net Worth at 60 by Percentile
| Households Headed by Someone Aged 60-64 | Net Worth |
|---|---|
| 25th percentile | $79,700 |
| Median | $394,000 |
| Average (mean) | $1,675,200 |
| 75th percentile | $1,122,200 |
| 90th percentile | $3,021,000 |
Source: Federal Reserve, 2022 Survey of Consumer Finances, public data (2022 dollars). Families grouped by the age of the household head; percentiles computed from the survey's weighted records. Based on about 536 surveyed families, so treat single-band figures as approximate.
Is Your Net Worth Good at 60?
| Net Worth | Share of Households Aged 60-64 With Less | Where That Puts You |
|---|---|---|
| $10,000 | 11% | Below the median |
| $50,000 | 20% | Below the median |
| $100,000 | 28% | Below the median |
| $200,000 | 38% | Below the median |
| $250,000 | 41% | Below the median |
| $500,000 | 57% | Above the median |
| $1,000,000 | 72% | Above the median |
| $2,000,000 | 83% | Top 25% |
| $3,000,000 | 90% | Top 10% |
| $5,000,000 | 94% | Top 10% |
Source: Federal Reserve, 2022 Survey of Consumer Finances, public data (2022 dollars). Families grouped by the age of the household head; percentiles computed from the survey's weighted records. Share with a net worth below each amount, from about 536 surveyed families.
Is $2 million good at 60? $2 million is more than about 83% of households aged 60-64 have. That’s a strong position for your age.
Salary benchmark
Fidelity’s target at 60 is about 8× your salary in retirement savings. For a $100,000 earner that’s $800,000, which at a 4% withdrawal rate would provide about $32,000 a year alongside Social Security.
Early 60s: Planning the Withdrawal
The question shifts from saving to spending. A common starting point is the 4% rule; bridging to Medicare at 65 and choosing when to claim Social Security are the big decisions of this stage.
Compare Other Ages
- Average net worth at 55
- Average net worth at 65
- Average net worth by age (all ages)
- Net worth percentile by age calculator
- Net worth goals by age
Part of the net worth guide.
Sources
- Board of Governors of the Federal Reserve System. “Survey of Consumer Finances” (2022 public data). federalreserve.gov/econres/scfindex.htm
- Fidelity Investments. “How much do I need to retire?” fidelity.com
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