According to the Federal Reserve's latest Survey of Consumer Finances, the average net worth for Americans 75 and older is $1,624,100. People in this demographic often have accumulated wealth from ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

Both active and passive investment strategies have their benefits and drawbacks for investors, and choosing between active vs. passive management strategies should align with an individual’s investing ...

Net worth is a measure of how much wealth you have that represents financial stability. Net worth is calculated by adding up the value of assets and subtracting the amount of liabilities. Investing ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...