Financial advisors say $900K can be enough to retire — but only if you stop obsessing over the $1 million milestone In the United States, the average household net worth is $1,063,700, while the average net worth among 65- to 74-year-olds is $1,794,600.
If this seems far higher than you expect, it’s because wealthy people drive up the averages
The overall median net worth is much lower: $192,900 overall. If you want a comfortable retirement, you may need to be closer to the average than the median, at least according to many Americans. In 2026, U.S. adults said they believe they need $1.46 million to retire comfortably.
Must Read – Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one – Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here’s what it is and 3 simple steps to fix it ASAP – The tax breaks in Trump’s ‘big beautiful bill’ expire after 2028. Here are 4 moves to make before the window closes Let’s pretend, for example, that Steve always believed that he’d be in great financial shape once he saved a million — but now he’s 64, has $900,000 saved, and he’s hearing warnings everywhere that $1 million is no longer good enough.