U.S. Department of Commerce

Wealth and Asset Ownership

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Wealth and Asset Ownership

Household net worth or wealth is an important defining factor of economic well-being in the United States. In times of economic hardship, such as unemployment, illness, or divorce, a person’s or household’s financial assets (e.g., savings accounts) are an additional source of income to help pay expenses and bills. For individuals and households with a householder 65 years and older, wealth is also an important source of post-retirement income.



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Source: U.S. Census Bureau | Wealth and Asset Ownership |  Last Revised: 2013-07-11T15:04:57.324-04:00