Net Worth By Age (2024): How Do You Compare?
Net Wealth in the U.S.: Net Worth & Income broken down by various ages. Most finance experts use income to measure whether you're in the upper, middle, or lower class; but as astute viewers know, net worth is a far better metric to determine this. Because when it comes to building wealth, it's not what you make that counts; it's what you keep. And what's with the net worth of home ownership being 40 times higher than for non-homeowners? Time to dig into the numbers and stop using silly social media comparisons.
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Timestamps:
0:00 Introduction
0:28 Social Comparisons
3:52 Net Worth By Age
5:05 Net Worth By Percentiles
5:59 Income Percentiles
6:51 Effects Of Homeownership On Net Worth
11:05 Retirement Accounts By Age
13:34 Importance Of Net Worth
#networth
#thefed
#2024
Disclaimer: I am not a financial advisor. This video, and the ideas presented in it, are for educational and entertainment purposes only and should not be construed as financial or legal advice. It is imperative that you conduct your own research and, if needed, get professional advice suited to your unique circumstances. I am merely sharing my passion for personal finance, stock market investing, other types of investing, and overall money management to help people achieve their financial goals.
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