> Hell, as a yearly income, that's poor much less a networth. Not really, because this is primarily young people who are building savings. By retirement age, t

> Hell, as a yearly income, that's poor much less a networth. Not really, because this is primarily young people who are building savings. By retirement age, the savings are much higher even for the median household. Even in the 45-54 cohort, the median networth is 168K. By the time you reach 55-64, median HH income is $213K. Post-retirement, 65-74, median network is $266K. Then it starts to decline as people spend down their savings, so 75 and over it's $254K. I mean, I guess you can call whatever you want "poor", but we have standard definitions for these things. And an income of $58K is not "poor" for any age, but FYI median household income for all ages is north of $70K.