US Households 75+ Reach $504,000 Median Net Worth as Debt Stress Hits 20%
Updated
Updated · CBS New York · Oct 9
US Households 75+ Reach $504,000 Median Net Worth as Debt Stress Hits 20%
1 articles · Updated · CBS New York · Oct 9
Summary
$504,000 was the 2025 median net worth for the 18 million U.S. households headed by someone 75 or older, the highest of any age group in the Fed's latest Survey of Consumer Finances.
A 78% rise in the S&P 500 from end-2022 to 2025 and gains in retirement assets helped drive the surge; median income for the 75+ group also climbed 24% to $67,000.
Wealth gains were uneven: the richest 10% of families lifted median net worth 31% to $3.6 million, while households under 35 saw median net worth fall 23% to $33,000.
Debt strains worsened even as assets rose, with 20% of households behind on repayments in 2025—up 7 percentage points from 2022—and about one in 12 spending 40% or more of income on debt.
The split underscores a broader picture of rising market-driven wealth alongside weaker financial resilience, with nearly 10% of Americans 65 and older living below the poverty line.