How Much Money You Should Have Saved (By Every Age)

This is how much money you should have saved by age.

Let's be friends:

To be on track to retire comfortably, you should have a rough idea of how much money you should have saved in your 20s, 30s, 40s, and so on. So in this video I talk about how much money saved by age (average savings by age). I cover how to save money fast, credit cards, stock market investing, passive income, saving money tips, investing for beginners, how to pay off debt, saving for retirement, and general personal finance and investing tips.

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DISCLAIMER: Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.

Everything in this video is of my own opinion and could be wrong. I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

[cajunguy]

"... But if you cut out starbucks and avocado toast..." -every finfluencer responding to this video.

[luxlatte]

Goal is to graduate debt free! So far going well. I chose to go to a cheaper college and to get an associates degree in horticulture. It’s a good degree that can take me in many directions, not gonna waste my time getting a four year degree because sometimes people can’t even get jobs with their degrees and end up with a massive amount of debt. Tuition for me is 5, 000 a year so I’ll be paying about 10, 000 for my whole degree. Im taking it slow by going part time and paying little by little per class. Sometimes the slow way is worth it.

[livingunashamed]

Slowly becoming one of the best finance channels out there, good stuff.

[foojae]

Good stuff as always. You’re becoming my favorite financial channel. Most logical and no hype and no fluff!!!

[ethanhood]

Love your vids, please keep differentiating yourself for the main channels - we love some unique content !!

[anastasial]

Ahead of the game here! Thanks for the advice!!

[AL-qzfi]

Love your videos. You certainly know your stuff. Wish i had met someone like you when I was young and in need of such sound advise. You R great!

[mychaspencer]

Finally a channel that makes financial sense. 🙏❤️

[dylanlacroix]

My opinion this is the best money by age video on YouTube

[varazgharakhanian]

So glad I found your channel, just wish knew these stuff 20 years ago. Thank you for great content as always.

[feliciag]

Love your video and your hair. Thank you for another great video.

[rajuathalye]

Great description of investment throughout different stages of life. Amazing clarityof tought. Thanks a lot!

[dudefromthedu]

this hurt to watch. my generation was truly robbed of needed education

[evanchisamorejohnston]

This was tough to hear and slightly depressing but it’s the truth and I always appreciate that

[thebat]

Really nice video!! 😁 Waiting for the next one! 🙂

[JamesDoyle]

Ok this is the 4th good video I’ve watched of yours. Take my sub

[ferminmorales]

Seems crazy that a normal people needs to work and invest their whole life to acumulate a million dollar, and the other hand atlets like boxers can make 50 millions an a single night,
I believe this world is not fair.

[Tonymanero]

One thing that needs to be taken into account is your lifestyle. As an example, I recently retired at 60 with about 800k, ...and don't worry one bit even with the current market downturn. I live a modest life with no wife, debt, children, ....or grandchildren. Others I graduated with have children in college, ..mortgages, car loans, second homes, weddings to pay for, boats, RV's, lost money in ''grey divorce'' etc, etc. Each person is uniquely different.

[pioneer]

I’ve watched more than one of the “how much should you have saved” videos and read articles, and this is the first one that actually resonates with me. As a data point, I’m 34, I did hit the $100k assets by 30 with some luck, also bought a house right around that time, so followed your timeline. We had down payment help to the tune of half our DP which made it so we didn’t have to liquidate stocks to pay for the house, for which we were very fortunate. I am hoping we can do the same for our children in the future since it makes an enormous difference. Now because of that, and saving quite a bit more than 15%, I hit the $300k mark of assets between my 33rd and 34th birthdays. So should be on track to hit the future milestones. I especially liked how you said to ease off and enjoy your assets a bit in your 40’s. That sounds great since saving hard core for the rest of my life does not sound ideal, but that’s what all the advice online seems to point to.

[pronubcentral]

Warning: the following video may not be appropriate for viewers in the 40s who are ass deep in debt, can't get anything other than subprime loans, and switch jobs like dirty socks.

Viewer discretion is advised.