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Households Led by Seniors Now Wealthiest in U.S. | Houston News
Federal Reserve data reveals that households led by individuals aged 75 and older have become the wealthiest in the U.S., boasting a median net worth of $504,000 by 2025. This age group also experienced a 24% increase in median annual income since 2022, reaching $67,000, largely due to growth in retirement assets. Conversely, households headed by those under 35 saw a significant decline in median net worth by 23%, dropping to $33,000, primarily from reduced business equity gains. This www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and produced…
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