Benchmarks · Savings rate · 50 and over · NYC

Savings rate for people aged 50 and over in New York City

Share of take-home income saved or invested each month.

Modeled estimate · federal survey data
Median
18%
Upper quarter
28%
Top 10%
40%

Half of people aged 50 and over in New York City have a savings rate above 18%. Reaching the upper quarter takes about 28%, and the top 10% starts at 40% — roughly 2.2× the median. The lower quarter sits below 10%, and the bottom 10% is under 5%.

The full distribution

PercentileSavings rateWhat it means
Bottom 10%5%9 in 10 are above this
Lower quarter10%25th percentile
Median18%half above, half below
Upper quarter28%75th percentile
Top 10%40%only 1 in 10 is above this
Average (mean)18%pulled up by the top end — the median is the better "typical"

Where do you stand?

Connect your accounts and Keeping Up shows your exact percentile against people aged 50 and over in New York City — plus savings rate, spending by category and net worth over time. Read-only bank access via Plaid; your numbers are never shown to anyone.

See where you stand →Free to start · no card required

Savings rate by age in New York City

AgeLower quarterMedian savings rateUpper quarterTop 10%
22–25 →2%8%16%25%
26–29 →4%11%20%30%
30–33 →5%13%22%33%
34–37 →6%14%24%35%
38–41 →7%15%25%36%
42–45 →8%16%26%37%
46–50 →9%17%27%38%
50 and over10%18%28%40%

Savings rate at 50 and over by city

MetroLower quarterMedian savings rateUpper quarterTop 10%
New York City10%18%28%40%
San Francisco →10%18%28%40%
Los Angeles →10%18%28%40%
Chicago →10%18%28%40%
Boston →10%18%28%40%
Washington, DC →10%18%28%40%
Seattle →10%18%28%40%
Austin →10%18%28%40%

More for people aged 50 and over in New York City

Net worth →Income →Retirement savings →Investments →Monthly spending →

Common questions

What is the median savings rate for people aged 50 and over in New York City?
The median savings rate for people aged 50 and over in New York City is 18%. Half of this group is above that figure and half below.
What savings rate puts you in the top 10% of people aged 50 and over in New York City?
About 40%. The 90th percentile is the level only one in ten people in this group exceeds — roughly 2.2× the median.
Where do these numbers come from?
They are modeled percentile distributions fitted to this cohort from federal survey microdata — the Federal Reserve's Survey of Consumer Finances, the BLS Consumer Expenditure Survey, Census ACS and BLS wage data — and they blend toward anonymized, aggregated data from Keeping Up members as each cohort grows. Full methodology at keepingup.com/methodology.

How this is built. Percentiles are modeled for this cohort from federal survey microdata — Federal Reserve Survey of Consumer Finances, BLS Consumer Expenditure Survey, Census American Community Survey and BLS Occupational Employment & Wage Statistics — with metro cost-of-living and wage adjustments. As Keeping Up members in this cohort grow, the band blends toward anonymized, aggregated live data (minimum cohort sizes apply; no individual is ever identifiable). Amounts are in current dollars. Read the full methodology.

Last updated June 2026. Cohort: people aged 50 and over in New York City. Model sample basis: 120.