Rich Retirees Use 5 Wealth Habits as Average Net Worth Hits $1.79 Million
Updated
Updated · Yahoo Finance · Sep 14
Rich Retirees Use 5 Wealth Habits as Average Net Worth Hits $1.79 Million
3 articles · Updated · Yahoo Finance · Sep 14
Summary
$1.79 million is the average net worth for U.S. households aged 65 to 74, and experts say wealthy retirees protect that money by following five recurring habits.
A reliable income floor sits at the center of that approach, built from sources such as Social Security, dividend stocks, annuities, Treasuries, CDs and high-yield money market accounts.
That steady cash flow helps retirees avoid selling investments at bad times, preserving liquidity while letting long-term assets stay invested.
Diversification is another key habit: advisers say rich retirees spread money across multiple asset classes and income streams instead of relying on one stock, business or market bet.