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What is the average net worth of a 70 year old couple?

According to data from the Federal Reserve's 2022 Survey of Consumer Finances, the average net worth for a couple with a head of household between 65 and 74 years old is $1.78 million. Understanding this figure, and the median net worth, is crucial for assessing your own retirement readiness and planning for the future, especially regarding the question: What is the average net worth of a 70 year old couple?