Net Worth of the Richest 10% by Age (Crazy Numbers)

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Net Worth of the Richest 10% by Age (Crazy Numbers)

Have you ever wondered what it takes to be in the top 10% of net worth for each age group? The net worth for those who are in the top 10% is very surprising and probably not what you’d guess. Take a look at what net worth would qualify you as the top 10% according to this study by Business Insider and see what small moves you need to make to be extremely wealthy.
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I sometimes wonder how successful investors manage to accumulate enormous wealth from their investment endeavours because I am an avid investor. I currently have equity from a recent house sale that exceeds $545K, but I'm not sure what to do with my money next. Is now the right moment to buy stocks, or should I wait for a better opportunity?

Greggsberdard
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I'm not quite in the 10% (maybe top 20%) but considering that I had a negative net worth until around 37, I'm quite happy with where I'm at now.

Mekias
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For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My husband and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.

KatyMccullars
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I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

Raymondjohn
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According to your video, I hit top 10% in my 30’s. I was forced into retirement in my early 50’s. Three years in, I’m still easily in the top 10%. But I have never felt “rich” for a second. Fortunate, stable - yes. I still worry and budget. Between healthcare and insurance in my area, I worry. The point about living within your means is the best point.

southwest
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I was in the top 10 in my late 50s. Fell off a little there. I do have some rental property it generated some income but not to in capital appreciation. In my 60 I accerated my growth in the stock market. Retired at 65, but my total assets has not stopped rising, but continues to grow.

covercalls
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Who you marry has a lot to do with how much you will have when you get older, if your spouse is serious about investing than you have a good chance of being wealthy, but if they are spenders, you might have a problem, also divorce is very expensive and can put a dent in your savings. I married a school teacher and the good part about this is most teachers get a full pension after 30 years with benefits, this has worked out well for both of us!

billashby
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I spent the majority of my life living between $16-$22k, plus several years well below the poverty line. I’m still VERY close to the number you mentioned to my age bracket. Living below our means and investing are arguably the most important thing. Basically anyone who wants this can do it. You got this 💪🏻

joeschneider
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Anyone who thinks student loans, mortgage, and car loans shouldn’t count against their net worth are explaining why they will never be wealthy.

rezlogan
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My wife and I are in the top 10% at 30/33 years old. We did it by buying a 1bd condo when I was 27, which appreciates by more than it costs per month. We max out our 401ks in target date funds. I used my company's ESPP for additional investing. We don't touch crypto or meme stocks.

d_all_in
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Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

azieltobias
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Are the numbers cited in this video (I.e. net worth) based on the individual or the combined totals of a married couple?

ejc
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@ 54 my net worth was about 1.1 million, my highest take home to date was under $35, 000.

bradstock
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In the top 10 for my age bracket and already surpass the next two brackets and still feel like it’s not enough. Completely debt free for over 5 years and still budget every dollar.

cbell
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I was briefly in the 30-35 age group with home valuation and 401k. 8 years later I haven't made much progress so I'm out of the club. But I have nearly zero debt so that's neat at least.

wayward
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This video is so good ! High quality content !

dianasher
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Right in line for me. I need to be top 1% though 😅

TanTran-xtkm
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I hope young people can understand how important this video is and how important it is to start investing at an EARLY AGE. No matter how much debt you have, first pay yourself at least 10% and invest that money. however if you have a debt that requires you to pay interest, make sure your investment yields more than that otherwise try to finish that dept first.

oguz
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Very informative. I continue to be amazed with what difference Compound Interest can have on investments and why it's so important to start saving when you are still young. Love your content!

forbesfortunes
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I’m under pressure to grow my reserve that currently holds about $500k. I’m down by 20% already following the crash and I fear I could lose more.

tampabayrodeo