Average Net Worth By Age!

Now do median

@strictrope

using average over median is such deceptive

Now do it by race 👀

@grok is this true?

Average net worth is not much useful, it depends on the location, Bay Area is different than Midwest

Averages get dragged up by a few very rich people. Look at the median, and then at where you were a year ago. That’s the number you control.

Hey poors! Its not that bad cause the average age is poor too. What an out of touch douche. Just stfu.

Everyone secretly wants to check this one tbh. Always weirdly motivating to see where you actually land

Averaged in with yours, I'm doing great.

A lot of people think their net worth is in the millions when in fact their in the negative because they haven’t subtracted their debts from their assets to find their true value. For example: •Asset (Gold) $100,000 •Debt (Mortgage) $600,000 •Net worth: - $500,000

This is an important reminder. You probably aren't doing as bad as you think you are. Averages with networth can be very misleading as well because a few HNW individuals can skew the numbers. Remember just to score your scoreboard though. The only person you are in competition with is yourself, and the only people you need to do it for is for your kids, your family, and yourself.

Most net worth charts skip the business owners who have everything tied up in equipment and receivables. On paper you look rich, at payroll on Friday you feel broke. Cash flow is the number that keeps the doors open.

Much respect graham 🫡 always love your content.

This is so bad it’s hilarious