Study: The Average Gen Xer Has a Net Worth of $247,000. Here's How to Beat That
Building long-term wealth may seem like a daunting task, but it's simpler than you might think. Whether you're saving for retirement or simply trying to increase your net worth, the right strategy can help you generate hundreds of thousands of dollars over time.
Generation X is generally defined as including those born between 1965 and 1980, or ages 44 to 59. This can be the perfect time of life to supercharge your net worth, especially heading into retirement age.
The median net worth of those between ages 45 and 54 is $247,000, according to a report from The Motley Fool using data from the Federal Reserve, and those between ages 55 and 64 have a median net worth of $364,000.
Source Fool.com
