In terms of net worth, retired people are less wealthy than are younger adults who are still working.

Name: In terms of net worth, retired people are less wealthy than are younger adults who are still working.
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Retired adults on average have a higher net worth, which is the value of the assets they own. They do, however, have lower annual incomes than younger, working people and their standard of living typically declines after retirement.

In Terms of Net Worth, Retired People Are Less Wealthy