These 18 million households now rank as the richest in the U.S., new Fed data shows
Sometimes the key to building wealth is just sticking around, new Federal Reserve data suggests. The 18 million U.S. households headed by someone 75 or older have the highest median net worth of any age group, according to the Fed’s triennial Survey of Consumer Finances. Americans in that demographic had a median net worth of $504,000…
