Older Americans hold nearly 140 trillion dollars in net worth
A new report from the Bank of America Institute shows that older households hold a central position in the United States economy.
FTMQ Real Estate, written by our newsroom0 views
Households headed by someone aged 55 or older held close to 140 trillion dollars in net worth as of the second quarter of 2026, HousingWire reported. A new report from the Bank of America Institute indicates that senior consumers have become a central economic force rather than a niche market. [1]
According to HousingWire, the share of the United States population aged 60 and older grew by almost 10 percentage points between 1995 and 2025 to reach 25 percent. The United States Census Bureau projects that this demographic share will rise by another five percentage points by 2055, reaching nearly 30 percent of the total population. [1]
HousingWire also reported on daily routine data for older demographics. People aged 65 and older spend roughly two and a half fewer hours per day working compared to the general population aged 15 and older. Instead, they devote about two additional hours each day to leisure and sports activities, with television viewing accounting for a significant portion of that time. [1]
Federal initiatives targeting older demographics date back several decades. The Older Americans Act of 1965 established the National Aging Network to provide funding for nutrition, home services, and caregiver support based on the proportion of residents aged 60 and older in a given area. [3]
In short
- Households headed by someone 55 or older held nearly $140 trillion in net worth in Q2 2026.
- The share of the U.S. population aged 60 and older reached 25 percent in 2025.
- The U.S. Census Bureau projects people aged 60 and older will make up nearly 30 percent of the population by 2055.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]Bank of America: Older Americans have taken on a bigger economic roleHousingWire, 6h ago (the report this story comes from)
Background
- [2]Bank on Wikipedia
- [3]Older Americans Act of 1965 on Wikipedia
- [4]Big-game hunting on Wikipedia
Our newsroom writes these reports with the help of software, from the 4 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
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- Sixty Percent of Americans Prefer Co Buying Over RentingMortgage Rates, 3d ago
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