How to Be Wealthy By Age! (2025 Edition)

It can be hard to know what makes someone “wealthy” depending on where they are in their journey; a $100,000 portfolio at 20 is a lot different than a $100,000 portfolio at 60. Beginning with the end in mind and breaking the wealth-building journey down into smaller goals per decade can be a valuable exercise in triaging your situation. In this video, we lay out some wealth checkpoints you could shoot for by the end of each decade (20s, 30s, 40s, 50s) to assess where you are on that curve.

Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.

[Alexandra-envr]

If Bo isn’t excited, then I’m not excited

[Jamesjerome]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

[Nishala]

I was nervous when Bo said, "I love", but then he said he was so excited, so I'm feeling much better!!😂😂😂

[rffinances]

I'm glad you mentioned focusing on the job when you're in your 20s. There's a lot said about being frugal, avoiding debt, etc., early on, and this is great. But the thing that will really jump-start financial success is getting a good-paying job. Formal education may be part of it, but this can be taken further by continuing to learn, developing skills, and networking through your career. Though there isn't a set path to do this and it depends a lot on natural skills and interests, along with luck. But getting a job that pays well makes building wealth so much easier.

[Michael-ufhz]

35 and only 20k away from hitting the mark for the this decade, which is about 1 year savings for me, how exciting, thanks money guys you made my day.

[azeemsiddiqui]

Please put timestamps in your videos. It's hard to keep track.

[makayla]

I unwittingly followed your car rule when I bought my car after college when I started my first job. I put down 35% and the payment was $280 for 36 months on $86k salary. I’m grateful I had the right instincts on those choices but the truth is I had no idea what I was doing, I just thought more money down and less time on the loan = good. But I’d never do that again. Looking forward to buying all future cars in cash

[DavyDavePapi]

25, just hit 7k in my Roth. I live with my mom so I can invest more aggressively and save for my emergency fund as well. The only issue is I work a really low-salary job

[maxm]

That Stephanie Janis Stiefel lady just discovered life on another planet, repaired the ozone, created world peace, defeated Thanos, Darkseid, Apocalypse, the Antimonitor, and Galactus while also repairing the DC and Marvel timelines, and she’s even more excited than Bo.

[KenistonKist]

I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Brooke Miller for helping me achieve this

[minajohnson]

I love these videos! It’s not new info, but it’s fresh encouragement! I cannot thank you enough for giving this education for free!

[declanmcardle]

Ooh, I like #3 "Your portfolio earns more than you save". Applicable globally.

[rebeltheharem]

Mid 30's, no kids, single, no debts, and only responsibility is helping my retired parents that I live with, and I have about 7x my income saved.
Nice to know that I'm very much ahead of the game.
Its also making me think I'm saving too much.

[muuserid]

I get that finance content is repetitive, but this feels like an exact replica of so many prior MG vids. Would love to see a different spin on one particular piece, an example on the screen, or something

[Baseball]

Going from 3.1x at 40 to 12x at 50 is an absolutely wild suggestion. Using your 8% growth suggestion, you'd end up with 6.7x just based on growth (and no further contributions). According to my math, you'd have to save about 34% of your gross income from 40-50 to reach that goal.

[rashaadforehand]

Great quote “…..you don’t want to be all hat no cattle”

[coyacoy]

I paid cash for my first car at 17, but it cost $500 + $700 for repairs. I also was making more money than the average teen due to an internship through my school. Really wish I knew about investing back then.

[justthebrttrk]

I feel like making savings goals multiples of your gross income is a bad metric for retirement readiness. You are ready for retirement when you have 25 to 33 times your EXPENSES saved/invested (3-4% withdrawal rate). Gross income is kind of irrelevant when trying to figure out if you can retire. If I only live on half of my income while working, there is no reason why I need 23x my gross income to retire.

[ryanra]

I am a little bit behind. I make $115k a year, have $260k in my 401k, contributing 23%, and I am 41 years old. Really trying to play catch up. My wife is 33, makes $160k, contributes 22%, and has $250k in her 401k. She is a financial mutant

[xmochix]

one of my favorite episode to keep me on track