Most millionaires did not obtain it by age 40. Can’t find the study, but I

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Jan 22, 2021
1:58:54pm

valleus Truly Addicted User

Most millionaires did not obtain it by age 40. Can’t find the study, but I

believe the median age for new millionaires was 51

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valleus

Bio page: valleus
Joined: Feb 1, 2017
Last login: May 8, 2024
Total posts: 9,447 (2,208 FO)

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Messages

Author

Time

Average Net Worth by age: How do you stack up against your age group?

SnickSnack

1/22/21 1:41pm

Does this include home equity?

cougarfann888

1/22/21 1:43pm

Probably

CougCoug3

1/22/21 1:44pm

Yes, you can use a net worth calculator see link below or do it manually

SnickSnack

1/22/21 3:07pm

Doing pretty well. Still in the first age group and fortunately my wife and I

CougCoug3

1/22/21 1:44pm

I'm below avg on the salary, but probably pretty close on net worth.

Eddie

1/22/21 1:46pm

Differences between average and median illustrate a major problem in today's

sanitarium

1/22/21 1:48pm

YUP!

CasualFan

1/22/21 7:06pm

Where do these numbers come from?

The Pope

1/22/21 1:48pm

Link

SnickSnack

1/22/21 3:05pm

Thats my dream, on track for it, but we will see how the next 10 years go

BYUFootballisBack

1/22/21 1:52pm

RE: Average Net Worth by age: How do you stack up against your age group?

JohnnyC

1/22/21 1:52pm

Just finished paying off my student loans, give me 4-5 months . . .

Zoobieman

1/22/21 1:55pm

All you needed was to buy $PLTR when it direct listed and go long on ITM calls.

grosven

1/22/21 1:55pm

better than average, less than I want

Nat Gas Man

1/22/21 1:56pm

Are these Household numbers?

BulldogCoug79

1/22/21 1:58pm

Most millionaires did not obtain it by age 40. Can’t find the study, but I

valleus

1/22/21 1:58pm

Where are they getting those average salaries from? They are WAY off

darkcoug

1/22/21 2:03pm

Way off high? or low?

BYUFootballisBack

1/22/21 2:07pm

Way high

mudpupper

1/22/21 2:11pm

Averages are driven by a small number of people with huge net worths. The median is the "Average" person.

Clark Addison

1/22/21 2:25pm

Needs median salary

Parker Schnabel

1/22/21 3:53pm

Difference between average versus median. How old is Jeff Bezos?

Acorn

1/22/21 4:56pm

Pretty crazy spread between average and median.

kccougar

1/22/21 2:09pm

RE: Pretty crazy spread between average and median.

sanitarium

1/22/21 2:19pm

I am below average on income, but above average in net worth

Marc Spector

1/22/21 2:20pm

Picked the right medical specialty for my net worth but the

cougfanz

1/22/21 2:30pm

Do I divide by half to take into account what my wife owns?

jvquarterback

1/22/21 2:45pm

Haha, at least maybe more if you see divorce on the horizon.

SnickSnack

1/22/21 3:08pm

She'll outlive me anyway.

jvquarterback

1/22/21 3:49pm

I should hit my millionaire date around Feb this year

airwolf

1/22/21 2:54pm

Way below average salary, above average net worth

85fan

1/22/21 3:38pm

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