Net Worth By Age (2025): 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.

✅ SUBSCRIBE SUBSCRIBE SUBSCRIBE ✅

OTHER VIDEOS YOU MAY LIKE:

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.

[MikesFinancialEdge]

Hello Everyone - Please share your thoughts and comments about the information in the video.

[clintonlunn]

My wife has a newer, reliable car. She buys new clothes from time to time, but i take pleasure in other thinking im poor when they see me in my car. Some folks even walk around me 😅 I know what i have, and it gain pleasure in the security it brings and spending time with my family.

[AlexFlavell]

Hi Mike! Long-time viewer here. I was hooked after watching your video: "The Surprising Advantages of DCAing." It made such intuitive sense to me...I've been DCAing ever since into the S&P. All great info in this video! Cheers and can't wait until the next one. 👍

[queh.]

Never showey throughout our life -we're better than most. Thanks 4 this info.

[SideWays]

Wealth is what you own with what you don't spend. Retired early not noticing what 'average' was doing. Good video👍

[hortensiasoto]

Mike - thanks for the info. It was fun for me to see where I fit in compared to others and then breath a sigh of relief that I am doing ok.

[Faston]

Solid and simple advice. People need to appreciate that happiness and health come first.

[archstand]

Brilliant video, especially the outro ! Please keep up the great work !
This channel deserves more views. Please continue to create such new and interesting content !

[kwaichangcaine]

After listening, if those numbers are true I make well below the median but my net worth is above the median. I'm coming up on 64, lost my paid for house in divorce almost16 years ago, four children raised, I'm as frugal AF
I drive a 1995 rusty G20 van
I have a small old house but it's paid for. I still think my finances are kinda sad .
But some of those numbers are pitiful.

[Citygirlinthesticks]

Those averages are incredibly interesting. Even though most of us are really under our net worth requirements needed for retiring. Great information

[stevesnyder]

Very informative, and great advice! I'm making that Fidelity savings by age chart a life goal

[DaveGillett-qu]

There's lots of interesting information throughout this entire video. It's a really great video. Thanks for putting this together!

[HectorLopez-wcfx]

Good video and good information. I played your video at 1.25x playback speed, and it made you sound like a normal person.

[すずちゃん-rh]

I'm about to turn 24 with about $115k between a high yield savings account and stocks investments. Also I'm debt free. It might sound like a lot, but keep in mind I do NOT wanna slave my life away and have to work beyond 35-40, meaning I realistically only have 15ish years to save for retirement. Also the only reason I've even been able to save this much is because I've been working since I was 18 and I still live with my parents due to the stupid high rent prices. My gross income is only about 40k and I'm able to save 28k of that per year. I eventually wanna buy a home but most decent houses in my area cost 400k+, which means it could take me at least another decade at this rate to buy one in full. The problem is by then, the housing prices are gonna appreciate even further, forcing me to delay my retirement plan and potentially work well into my 40s/50s.


Boy our generation really is screwed aren't we🤦‍♂️

[winduncan]

As a single guy I find the house thing hard. Very few 1br's and condos have a lota fees. Meaning your paying for a lota exta room or condo fees as a single person. I prefer renting for less and investing the difference.

[Investedmathacademyllc]

I like your perspective. It’s different from everyone else

[helomech]

I don't believe in using income to predict what you need, you should use spending. I only spend about 1/3 of my income. And I can cut that down easily.

[mikeg]

I'm 10X ahead of this at age 56 but because I live in So-Cal, I feel 2X behind. I think I am not talking to the right people about retirement.

[chrisbanas]

Another great video, good and throughout explanations

[xlerb]

My wife and I have been fortunate. We started out behind the curve, by the time we were 40 maybe we were about caught up to the median but behind in retirement savings. Now, a little over 20 years later we're doing pretty good in the percentile rankings and with about 13X our annual income saved for retirement. If I have any life lessons worth sharing it's to start investing and building wealth early. We didn't have that opportunity and playing catch up is hard. We've lived way below our means for ~20 years and it's paid off. But it would have been a lot easier if we'd started earlier.