{
  "id": 13216955,
  "title": "These 18 million households now rank as America's richest",
  "url": "https://urgent.news/2026/10/09/these-18-million-households-now-rank-as-americas-richest",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T21:13:41.000Z",
  "source": {
    "name": "CBS News",
    "slug": "cbs-news",
    "url": "https://www.cbsnews.com/news/fed-data-americans-over-75-richest/"
  },
  "original_language": "en",
  "account": "New Federal Reserve data reveals that 18 million U.S. households led by individuals 75 or older possess the highest median net worth among age groups, with $504,000 in 2025. These seniors experienced the most significant median net worth increase and income gains over the past three years, likely due to robust retirement assets. The S&P 500 rose by 78% during this period, contributing to wealth growth. However, the financial situation for many Americans worsened, with 20% of households falling behind on debt repayments in 2025, up from 13% in 2022. This rise may be attributed to persistent inflation since the pandemic. Younger families, particularly those headed by individuals under 35, experienced a decline in median net worth, losing 23% between 2022 and 2025, largely due to reduced business equity gains.",
  "summary": "The smallest age group in the U.S. is also the richest, with a 37% jump in net worth over the last three years — far higher than any other group.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}