Between forty-five and fifty-four, Americans boast a median net worth of $246,700, a significant leap from those a decade younger. This wealth is primarily due to asset appreciation, not reduced debt. However, wealth disparities are vast, with some excelling due to strong salaries, inheritances, and smart investing, while others struggle with debt and insufficient retirement savings. As retirement nears, maximizing retirement contributions, paying off high-interest debt, and building an emergency fund are key. Regularly tracking net worth can keep you motivated. Ultimately, wealth accumulation hinges on discipline and a clear retirement vision.

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