Wealth of US Seniors Surged $91,000 in Pandemic on Housing Gains
Homes in Miami.
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The wealth of the typical US senior climbed by about $91,000 during the pandemic years as home and stock values soared, new research shows.
That was the median increase in net worth between 2019 and 2022 for households headed by someone age 65 or older, according to research from the Federal Reserve Bank of St. Louis, using data from the Fed’s Survey of Consumer Finances. Households headed by someone 40 to 64 years old saw median gains of $57,800.