Part Time i Part-time service members train one weekend a month and two weeks a year, which means they can pursue a civilian career or college. Army. As the oldest branch of the U.S. Military, the Army protects the security of the United States and its resources. Army Reserve
According to CNN Money 2014, the average net worth for the following ages are: $9,000 for ages 25-34, $52,000 for ages 35-44, $100,000 for ages 45-54, $180,000 for ages 55-64, and $232,000+ for 65+. Seems very low, but thatâs because we use averages and a large age range.
It isnât just retirement accounts that Americans lack. Looking at overall net worth tells a similar story. According to the Census Bureau, the (median) average net worth excluding home equity for an American 35-44 years old is $14,226. In the 55-64 age range, average net worth is $45,447. The picture of Americansâ net worth looks better if you include home equity, but not every American will be able to tap into that equity to pay for retirement. The financial crisis showed how borrowing against your home equity can go wrong.