The Top 1 Percent Net Worth By Age: How Close Are You?

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There is a big gap between the top 1% and the average net worth in the United States.

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In fact, the average net worth for those in the top 1% is $11.1 million! But what about people of other ages? How much do they have?

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And more importantly, how can you work out your own net worth and find out where you rank?

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If you own a house that is worth $500,000 and you have savings of $50,000 but are also in debt for $250,000, then your net worth would be: $500K + 50k – 250k = 300k

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Net worth can be a great measure of your overall financial health. It is calculated by taking all your assets (property, savings, shares, etc.) and subtracting any debts you may have.

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To calculate your net worth, you will need to know the total value of all your net assets and the value of all your net liabilities.

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