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WIBC 9AM-Noon Podcast

The average 50-something American is now worth $1.4 million

WIBC 9AM-Noon Podcast

WIBC

News

4.61.2K Ratings

🗓️ 21 January 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Are you ready to build your custom dream home?

0:03.2

Joyner Homes is ready to make your dream come true.

0:06.2

Over 18 years, Joyner Homes, based out of Greenfield, have built hundreds of homes in central

0:10.7

Indiana, and the best place to start is joinerhomes.com.

0:14.9

That's where you'll find pricing, photos of completed joiner homes to inspire you,

0:19.3

available home sites, and info on where you can visit

0:21.9

their model homes and a lot more. Be sure to check out Joyner Homes 5-star Google reviews.

0:27.2

Get started today at joinerhomes.com. Let's talk about this article. In the U.S. net worth

0:32.9

generally increases as people get older. Data shows that aging, time, and investing are the biggest drivers of wealth.

0:41.1

Of course, please consult with your own personal financial advisor.

0:45.8

But this article says that the average 50-something American is now worth $1.4 million.

0:53.5

Do you remember when you were little and you thought, wow, you're a millionaire.

0:57.5

Yeah, okay.

0:58.1

It doesn't mean so much anymore.

0:59.9

This article in that headline is going to garner a lot of attention and you're going to

1:04.1

see this a lot in the coming days about how the average, you know, person who's 50 plus is

1:08.0

worth $1.4 million.

1:09.7

It is a very deceptive headline. And actually,

1:12.3

the article calls itself out by the end of the article. So if you remember when you were in grade

1:17.1

school and you were in math class and they talked about the average. And there's three different

1:21.7

ways to calculate the average. And it can be the mean, the median or the mode. And mean is you add them all up and divide by the number, and that's how you get it.

1:30.1

The median is half or more and half or less, and the mode is, you know, the number of times that specific number comes up.

...

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