How Much Money You Should Have By Age (Average Net Worth)

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  • čas přidán 25. 08. 2024
  • How Much Money You Should Have By Age (Average Net Worth)
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Komentáře • 760

  • @JustinMey
    @JustinMey Před 9 měsíci +1395

    I’m 26, $200K net worth. Been saving 75% of my salary & living below my means. Started from $0 since 3.5 years ago when I graduated college. Been living with my parents for 3.5 years, and just purchased my first home last month! I’ve watched you & Graham Stephan since 2020🙌🏽 couldn’t have done this with without you guys!!!

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +180

      WOW amazing, congrats!! I think I hit $200k a couple years after you, so 26 is insanely good, good job!

    • @mattyhaha1171
      @mattyhaha1171 Před 9 měsíci +113

      I mean living in your Moms basement will do that. Not pitching in for Rent/ mortgage, and alike having your Mom make the payments on your phone, car, food, etc. I know who you are. don't lie.

    • @JakeAoTK
      @JakeAoTK Před 9 měsíci +39

      @@mattyhaha1171
      I had to pay for my living expenses (college included) myself. Net worth is around $150k at 27.
      Still doable. I still go on vacations, drive a new car, and drink Starbucks too lmao.

    • @TrollWithN3oN
      @TrollWithN3oN Před 9 měsíci

      jealoooous @@mattyhaha1171

    • @alwayzsmarter
      @alwayzsmarter Před 9 měsíci +25

      @@mattyhaha1171 There are pros and cons bro. Financially smart but lonely and parents can be annoying etc, so miss out on the fun, extravagant life in potentially prime years. Im sure you have that option too and many parents would love to have their kid around more and are happy to do whatever. Its not like this person has some easy win with no downsides

  • @CoinGoblin97
    @CoinGoblin97 Před 9 měsíci +392

    26 years old. 12k in the bank, 10k in a cd, 26k in my roth IRA, 11k in a divided brokerage account, and around 6k in crypto (mostly bitcoin). No real estate unfortunately, its just too crazy expensive where i live. But the best part is, absolutely no debt. No car loans, no student debt, and i pay my credit card off every month. So 65k without selling off my car or any other valubles. I definitely feel like im better off than most people my age

  • @chrismilne6120
    @chrismilne6120 Před 9 měsíci +116

    39 years old with a net worth of about $800k. I would say I’m below where I should be, I earn approx. $250k to $300k a year on salary and bonus, but I’ve decided to try and live too. It’s all good and well I could have a few million by retirement age, but I travel a hell of a lot. I don’t want to be traveling, experiencing places when I’m in my 50’s and 60’s and miss the feeling of being younger and enjoying things differently. Lots of people on here seem to be focused on net worth, just don’t forget to live y’all, no regrets.

    • @JasonBay-RealEstateInvesting
      @JasonBay-RealEstateInvesting Před 9 měsíci +10

      Excellent points made. It's a balance right? We don't want to yolo it all but also forgetting live would not be good either.

    • @rawlvee
      @rawlvee Před 8 měsíci +1

      agreed

    • @zanettialvaro
      @zanettialvaro Před 7 měsíci +8

      This is the way. Still 800k at 39 is f.. incredible. Well done man.

    • @peterdaley8575
      @peterdaley8575 Před 4 měsíci

      Sounds awesome. What do you do for work to make that high salary? Also, are they hiring?

    • @CaptainOnePocket
      @CaptainOnePocket Před 4 měsíci +1

      I'm 45 and traveled as much as I could since my mid 20s. Advice I got was that generally people are more happy when they invest in experiences not things. But you need enough money to be comfortable. But that level of comfort will be different for everyone.

  • @DrStfuFool
    @DrStfuFool Před 7 měsíci +100

    My net worth is -20k

    • @alanwong8307
      @alanwong8307 Před 2 měsíci

      $20K now, more with interest if you are floating min payment only.

  • @billymasters745
    @billymasters745 Před 9 měsíci +144

    I think Fidelity forgot to include a few variables. I agree that it is almost impossible to start saving that kind of cash at age 25 simply because most people 25-45 are still trying to take care of a family and all the expenses associated with that. Once our kids graduated college and left the house, my wife and I are now able to save about 35% of our annual income every year! By the time we have 4x our annual salary our house will be paid off and the amount we are able to save will increase alot. So for any viewers in the younger age brackets, please don't feel overwhelmed by your lack of net worth. It increases exponentially once you are an empty nester LOL!

    • @joycezhang3809
      @joycezhang3809 Před 9 měsíci +5

      Thats why Im having no kids. Save so much money from those 18+ years

    • @kyle7574
      @kyle7574 Před 7 měsíci

      @@joycezhang3809and also have no purpose in life at the same time

    • @mysterio5837
      @mysterio5837 Před 4 měsíci

      @@joycezhang3809just dont get married lol. Thats the quickest way to retire wealthy

  • @MK-_-Rob
    @MK-_-Rob Před 9 měsíci +152

    25 Male - Civil Engineering (74k just laid off) & Volleyball Coach (20k - hs and club).
    Average Income: 70k
    Rent: $750/mo (shared)
    Car: 10k value (2015 mazda3)
    Emergency Fund: 10k
    Roth IRA/401k: 50k
    Crypto: 45k (btc, eth, sol)
    Student loan: 8.5k debt 4.2%
    Overall net worth: 106.5k

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +9

      Incredible! You're doing really well, thanks for sharing!

    • @firstoutofline
      @firstoutofline Před 9 měsíci

      Have you thought about paying off your student loan from your other funds? That's one debt you can't get rid of easily.

    • @MK-_-Rob
      @MK-_-Rob Před 9 měsíci +4

      @@firstoutofline Yep! I think about it all the time. So I figured I cant really justify selling assets for it Ira/crypto cause the penalty/tax implications would effectively simulate paying a much higher interest rate. So it would really just be the emergency fund but due to my situation and family I really cant risk being caught without it. Right now, all my extra cash is going to the loan to get rid of it soon!

    • @steauafan4ever
      @steauafan4ever Před 7 měsíci

      @@MK-_-Rob Since you have student loan debt I assume you are from the US, I am curious if you can write your debt off taxes

    • @MK-_-Rob
      @MK-_-Rob Před 7 měsíci

      @@steauafan4ever Only debt *interest* is a tax write off. So pretty negligible in my situation when not much interest accrued in the first place

  • @RebeccaGorin
    @RebeccaGorin Před měsícem +24

    HOW TO MAKE WEALTH

    • @RebeccaGorin
      @RebeccaGorin Před měsícem

      Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances.

    • @RebeccaGorin
      @RebeccaGorin Před měsícem

      FinanciaI growth was rapidly gained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, hereby making my goaIs a reaIity...

    • @RebeccaGorin
      @RebeccaGorin Před měsícem

      Whosoever tries this sureIy acquires wealth. Get to her..

  • @JasonBay-RealEstateInvesting
    @JasonBay-RealEstateInvesting Před 9 měsíci +140

    46 and Net-worth of ~$5M - still work corporate job but technically financially free. Owner occupied home paid off, Vehicle paid off. Lucky to be a new dad. Better late than never. :)

    • @danny4766
      @danny4766 Před 9 měsíci +11

      That’s awesome man. Good for you

    • @IrisP989
      @IrisP989 Před 8 měsíci +1

      Do you have paid off rentals?

    • @JasonBay-RealEstateInvesting
      @JasonBay-RealEstateInvesting Před 8 měsíci +1

      owner occupied is paid. Rentals have low interest rates. Looking to buy a rental cash now though. @@IrisP989

    • @ssgg23
      @ssgg23 Před 6 měsíci +2

      Damn how lol

    • @mr.universe1907
      @mr.universe1907 Před 6 měsíci +5

      I would quit my job if I hit 5M at 46. lol, good job, man

  • @nirui467
    @nirui467 Před 9 měsíci +52

    Gen x here. I am slightly ahead of benchmark as I was pretty frugal in my 20s and generally live below my means. I also upskilled and got a few promotions which means more income.
    Lived with parents off and on which helped reduce housing costs.
    Slow and steady is the way to go. If you can’t save 15% start lower the key is to start

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +4

      Well said!

    • @MrsWheezer
      @MrsWheezer Před 5 měsíci

      Also Gen X.
      One of the things I saw that hampered my peers when preparing for retirement is house over buying. When we house hunted, realtor and bank were more than happy to loan us insane amounts of $$$. We chose to go with a house worth about 1/2 what we qualified for. It freed up a lot of cash to save/invest.
      The current batch of young people who are saving money by living with parents seems to be making wise choices.

  • @thatguythatraps9816
    @thatguythatraps9816 Před 9 měsíci +95

    I am 28 and have a net worth of about 57k (40k invested and 17k in cash). My income last year was 40k. I have been investing since I was 25. My goal is to reach 100k net worth before the end of next year since I have a huge bonus coming in 2-7 months. My biggest driver to my net worth is my frugality and still living at home. Can’t wait to leave home though.

    • @tomoore1776
      @tomoore1776 Před 9 měsíci +4

      I was pretty similar to you at your age with net worth. I’m almost 32 now and my net worth is nearly 130k. I bought a property and that’s what’s allowed it to go up so much.

    • @thatguythatraps9816
      @thatguythatraps9816 Před 9 měsíci

      @@tomoore1776 real estate really is that differentiator lol

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +10

      Way ahead! Good job!!

    • @ForemanMD
      @ForemanMD Před 9 měsíci +5

      Net worth isn’t just what you have in cash and investments.
      Do you own a car? A house? That adds to your net worth.
      Do you have debt? Mortgage, student loans, credit card, car payment? That subtracts from your net worth.

    • @thatguythatraps9816
      @thatguythatraps9816 Před 9 měsíci +7

      @@ForemanMD I am well aware of how net worth is calculated. I have no liabilities besides the credit card debt I pay in full each month. No house. I have a car but in my opinion it’s not worth including since it’s a beater and I will use it until it’s worth nothing.

  • @darknightr15yzf
    @darknightr15yzf Před 9 měsíci +49

    As a Under 35 age group I never had any understanding about wealth by age brackets, thanks for the video bruh

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +3

      Thanks! Hope this was useful

    • @SSGoatanks
      @SSGoatanks Před 9 měsíci +3

      @@AndreiJikh If the US wasn't so car dependent, perhaps more of us would be able to accumulate more wealth!

    • @Dcage13
      @Dcage13 Před 9 měsíci

      Your core demographics are bots

  • @twinklenutz1449
    @twinklenutz1449 Před 9 měsíci +135

    Age 41 and my net worth is just above $800k I got extremely lucky timing the real estate market and made out like a bandit over Covid. Now I’m living super comfortable mortgage free.

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +10

      That's awesome! Congrats on that one

    • @dashiellhajian159
      @dashiellhajian159 Před 9 měsíci +2

      That's awesome man thanks for sharing

    • @avalagum7957
      @avalagum7957 Před 9 měsíci +1

      How many kids do you have? How much money do you spend for them annually?

  • @komogo1155
    @komogo1155 Před 9 měsíci +98

    I really appreciate you digging into all this stuff for us. From one money nerd to another.

  • @ulysses.cardenas
    @ulysses.cardenas Před 9 měsíci +27

    24 yo with -$10k in net worth. I was wondering why the survey didn't include under 24 but it makes sense since mostly everyone would be negative net worth from student loans. Anyways, even though I'm negative at the moment, I feel blessed to be so young and have this financial knowledge and tools. Thank you!

    • @Smiley957
      @Smiley957 Před 7 měsíci +5

      I’m 23 and -60k 😭

  • @harleydownour1070
    @harleydownour1070 Před 9 měsíci +32

    Love the video, Andrei! My wife and I are in our mid-20s, and we just broke $100k net worth.

    • @RustyGolfer
      @RustyGolfer Před 9 měsíci +5

      Congrats - they say the first 100k is the hardest! Your journey is well underway, keep on saving & investing!

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +5

      wow amazing! Thanks for sharing

    • @jomarrobles1778
      @jomarrobles1778 Před 9 měsíci +1

      As a couple or individually?

  • @thewolf61691
    @thewolf61691 Před 9 měsíci +104

    The biggest key to my wealth was not going to college.

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +26

      One of the lucky ones!

    • @DarrenMalone253
      @DarrenMalone253 Před 9 měsíci +1

      Yeah, there’s wealth of lifestyle and there’s wealth of an account statement. i’m not the greatest saver but my lifestyle experience s are richer beyond measure 😊

    • @AntonioLopez-xp6vp
      @AntonioLopez-xp6vp Před 9 měsíci +3

      Sorta the same here…joined the military though and college was paid for

    • @joseCalderon1976
      @joseCalderon1976 Před 9 měsíci

      I'm working on getting all the grants and tuition assistance through jobs etc, for my 16 year old daughter so that she doesn't have to pay for state College. It can be done, but it's a full time job

    • @EatCoffee
      @EatCoffee Před 9 měsíci +6

      So much useless BS college degrees nowadays too, like Shakespearean literature degree or studied lesbian dance theory

  • @caroli1091
    @caroli1091 Před 9 měsíci +21

    We're definitely within bracket for our age not including our house. At 58 though, I feel like gambling a little with a little to have a slightly bigger cushion. Kind of like at a casino, toss some out there expecting to lose it but feel good if we don't! Love your videos & thanks for the links!

  • @joshuako7077
    @joshuako7077 Před 9 měsíci +22

    I’m interested in seeing a breakdown of “college degree by age bracket” net worth/income comparison.

  • @dingo2306
    @dingo2306 Před 9 měsíci +15

    I am 40 years old. I have 40k in student loans. I earn 38k a year. I have 5k in a savings account and 38k in a personal retirement account. Before the pandemic I was able to invest $100/week. But now I can only invest $50 at most. I am not a home owner. I personally feel I will not have enough money invested to live comfortably in a cardboard box by the time I reach 65. I think I have become a doomer. 😔

    • @Charlescope
      @Charlescope Před 9 měsíci +8

      How did you manage to get 40k in student debt and only make 38k a year at the age of 40

    • @GODLOVEME-uj3vb
      @GODLOVEME-uj3vb Před 9 měsíci +1

      LET GO!!!

    • @silverfresh
      @silverfresh Před 9 měsíci

      You might have about 200K by the time you retire. Not enough to live on. Social security can help. But you should consider making about 12k more a year.

    • @JasonBay-RealEstateInvesting
      @JasonBay-RealEstateInvesting Před 9 měsíci +6

      Slow and steady Dingo, it's not a race. Stay focused and continue to learn and evolve your strategy. You will get it figured out. I know it's hard to avoid, but don't compare yourself to others.

    • @Berserk1Manga
      @Berserk1Manga Před 9 měsíci +1

      Do a hail Mary and throw everything into Bitcoin. You'll be glad you did. Do it right now though it'll be too late soon.

  • @robertlaird6746
    @robertlaird6746 Před 5 měsíci +1

    I'm 35 and just retired with 12 paid for rental homes and a lot of physical silver. I built these homes with my own hands and no hired labor except for on concrete day when you need a few people to help you. I purchased my first piece of raw land at 19 and lived on that land in a very used travel trailer. I never ate out and designed and built my first home on the nights and weekends after working construction for my buss building homes from the ground up. It was just him and I. After I finished my first home, I sold it and did the same thing again on the second home. After I sold my second home and purchased my third lot and got set up with a different travel trailer, I quit my job and went full time building for myself and never sold again. I just sold the first two for capital so that I could afford to continue easily.

  • @douglarned817
    @douglarned817 Před 9 měsíci +27

    Andrei, one of the old ones here ;) 62, Real Estate really did if for us. Pulling a pension and SS, with RE income puts us at 750k... we live VERY below our means. Love your videos!

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +2

      Love that, thank you for sharing!!

  • @asliceofkai5006
    @asliceofkai5006 Před 7 měsíci +6

    Getting close to 30 and I'm almost at $0, this is the year I'll have positive net worth!

    • @bmoreblondie6301
      @bmoreblondie6301 Před 3 měsíci

      Iam 39 an at zero as iam a stay at home mom. I do have money tho but threw working his money is mine. Basically I take care of our kids an he works cuz it wouldn't make sense to pay 800 dollars a week in day care for very young children that arnt in school yet. Once they are in school full time I will be getting a job

  • @AbeyantHero
    @AbeyantHero Před 9 měsíci +4

    yeah if only estimated equity worth could be as liquid as cash
    but they also need to factor closing costs & tax ongoing w/ holding property

  • @A_Canadian_In_Poland
    @A_Canadian_In_Poland Před 8 měsíci +34

    My net worth in Summer 2019 was $35K. Now, it is $85K. I have been frustrated trying to reach that coveted six-figure benchmark, as they say the first $100K is the hardest. Saved about 40% of my income in 2020/2021, then up to 60% in late 2021/2022, now saved about 45% of my income this past year.

    • @ForgeofSouls
      @ForgeofSouls Před 7 měsíci +4

      Charlie Munger is what you are referencing speaking to the first $100K. However, its not regarding your net worth, its your first $100K invested in the market.

    • @wkeyser0024
      @wkeyser0024 Před 7 měsíci

      Stay strong 💪💪💪
      You got this, the pain of the hill makes the view from the summit pay off.

  • @twyscape
    @twyscape Před 4 měsíci +1

    This should be aimed at somebody who does not have a mortgage, wife, kids and has lots of money they don’t know what to do with. For the rest of us with all those family expenses, just save what you can.

  • @dylantaylor4822
    @dylantaylor4822 Před 9 měsíci +13

    38 years old, net worth $530k. About 50% in investments, 30% home equity, the rest in 529, cars, savings account, etc. income household $150k. For some reason still feel really behind…

    • @Vash610
      @Vash610 Před 9 měsíci +1

      That's a really good net worth based on your income. Keep it up. I think you're doing well but of course everyone wants more lol.

    • @wateveryo
      @wateveryo Před 9 měsíci +1

      I got a networth of negative 60k how at 20 how can I get to your spot 🙏

    • @JasonBay-RealEstateInvesting
      @JasonBay-RealEstateInvesting Před 9 měsíci +1

      It's natural to feel behind at all levels. It's good to remember many would love to be in your position and pondering that will give you a feeling of gratitude.

  • @Jwasy
    @Jwasy Před 8 měsíci +2

    30 with £64k invested, £10k cash, 9k debt. Paid my student loans off this year. Working hard to pay off my remaining car loan then I’m aiming for the 100k net worth 😊

  • @maureenviola
    @maureenviola Před 9 měsíci +11

    At age 72 I’m using up “valuable time” by watching your videos! And wondered where you WERE when there was no Monday video???? 🤔

  • @briansamaniego-howard1806
    @briansamaniego-howard1806 Před 9 měsíci +3

    32 years old, 125k networth, all retirement and taxable account. No debt.

    • @calvin1132
      @calvin1132 Před 5 měsíci

      I’m 19 with 200k feel like I’m so left behind

  • @jiive
    @jiive Před 9 měsíci +7

    Age 38 with masters degree. NI today is $683k. Got lucky buying a short sale home in 2012 which basically started my NI growth. I’m a nerd that has an excel spreadsheet to track my worth daily. I see lots of fluctuation bc of the volatility in crypto but it’s fun to watch and chart it grow!

  • @Davide1709
    @Davide1709 Před 9 měsíci +8

    I believe (we) Europeans tend to save much more than Americans on average.
    You guys have insanely higher salaries but you literally waste most of it in crap you don't need.

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +1

      I think that's true! We have a much bigger consumer spending culture

    • @Jaz-wx4vo
      @Jaz-wx4vo Před 9 měsíci

      Totally agree. American consumerism produces so much waste.

    • @michaelvm2404
      @michaelvm2404 Před 9 měsíci +1

      You think so? Look at the comments and you will realise that nowadays everyone in the US is a milionaire, lol.

  • @ProfessionalGasLighting

    “Comparison is the thief of joy”, but “what you measure will improve”

  • @robbiewhite8383
    @robbiewhite8383 Před 9 měsíci +1

    Your impressions of warren buffet and now Jerome powel are too on point. 😂

  • @godblessamerica222
    @godblessamerica222 Před 9 měsíci +1

    It’s hard to imagine this kind of $$$ being average… my family does mission work in one of the poorest areas in the southern US. No jobs available… No $$$… 75% elderly in this area, living on SSI only… indigent families living in the woods and in their cars and rusted out trailers… it’s why I say we are in a “silent depression…”
    This kind of $$$ would be crazy money to them… with so many struggling, it’s just mind boggling… 🙏🏽🙏🏽🙏🏽

  • @zkramez
    @zkramez Před 7 měsíci +1

    Age 29.
    97k net worth.
    $62k in investments, $25k very conservatively in watches (irresponsible but screw it haha), $30k car that is appreciating not depreciating.
    Debt is just a 20k auto loan at 2.99%. No point in paying it off early.
    I started off very very slow due to making garbage early in my career.
    Now that I am doing better I will probably have 100k in investments by my 30th birthday.
    By age 35 I am on pace to have over 300k in investments.
    I didn’t start saving anything until 25. I feel as though I have a lot of making up to do but I am on my way!

  • @bengunn6571
    @bengunn6571 Před 9 měsíci +6

    I lucked out and went to community college even though I never finished. I left without having any debt and still don't to this day. Once covid hit thats probably when I hit a six figure net worth at 26. Helped that I bought a good amount of pokemon cards, gold/silver and other collectibles. I don't have any kids or a GF which probably helps too lol.

  • @Slumpy_Sloth
    @Slumpy_Sloth Před 7 měsíci +1

    I’m 21, -370k net worth. Just bought a house in October, my girlfriend and I live in one room and rent the other two out to friends so low overhead but still within my budget if we were to have no roommates. I meal prep food every weekend for my work week, go out to eat once or twice on the weekends with my girl, and am currently saving up with a modified plan based around Dave Ramsey and other financial CZcamsrs/advisors guides. I’m lucky enough to be making over 100k a year without a college degree and I want to make it count. Love the content!

    • @Slumpy_Sloth
      @Slumpy_Sloth Před 7 měsíci

      I’m not sure if I would count the home in my net worth or not since it’s almost all still just ‘debt’

  • @mincraftproductions29
    @mincraftproductions29 Před 10 dny

    That fact towards the end about college is majorly effected by unskilled jobs. Also now that college is so pushed on high school grads, the job market is getting flooded by people with degrees that cant find jobs to use them in

  • @mikeposner8563
    @mikeposner8563 Před 5 měsíci +1

    26 years old. 600k net worth. Inherited a 550k IRA. 25k in high yield savings. 25k car. My income is 50k

  • @yerlanymendez
    @yerlanymendez Před 9 měsíci +10

    You didn't talk about those of us with negative net worth 😅 owe -60k in student loans, +15k in savings/stonks, +25k in retirement, and like +1k in my rust bucket. 30 years old and still in the red 😢

    • @michaelvm2404
      @michaelvm2404 Před 9 měsíci +3

      According to the comments, everybody is rich nowadays. Sorry.

    • @JasonBay-RealEstateInvesting
      @JasonBay-RealEstateInvesting Před 9 měsíci +1

      It's survivorship bias. Those feeling less confident are less likely to be open about their situation / struggle. @@michaelvm2404

    • @JasonBay-RealEstateInvesting
      @JasonBay-RealEstateInvesting Před 9 měsíci +2

      Thank you for sharing and providing another perspective. I think there are loads of people feeling overwhelmed and anxious about their situation. If nothing else it helps to remember many share in the struggle.

  • @underwoodfinc
    @underwoodfinc Před 9 měsíci +2

    Most people don't track their finances, and most people don't want to admit they are managing their money poorly, and since this was a survey based on what people think their financial situation looks like, I would argue that this article carries very little merit to the average person and their current financial situation. But it is always good to look at any information and keep an open mind to what people think.

    • @kauguste90
      @kauguste90 Před 9 měsíci

      Very true, it would be hard to get a better look unless they take the information from what is reported when filling taxes. Might not be perfect numbers either but it would be much closer.

    • @kauguste90
      @kauguste90 Před 9 měsíci

      Very true, it would be hard to get a better look unless they take the information from what is reported when filling taxes. Might not be perfect numbers either but it would be much closer.

  • @johnnyboyvan
    @johnnyboyvan Před 7 měsíci +1

    Well explained. 2.2m networth and still feel poor in my city. I still save 6k as a retiree.

  • @parkway.productions
    @parkway.productions Před 9 měsíci +24

    21 years old , 62k net worth. Long time subscriber 🙏

    • @AnointedOne4God
      @AnointedOne4God Před 9 měsíci +2

      Excellent work 👍

    • @wateveryo
      @wateveryo Před 9 měsíci +5

      Beautiful 😍 I'm 20 and I'm negative 60k tho 😭 can we switch spots pleass

    • @mbmbmb111
      @mbmbmb111 Před 9 měsíci +4

      21 years old, around 600k net worth (200K cash, 400k invested), no daddy's money! build an own company.

    • @noamp4187
      @noamp4187 Před 9 měsíci

      @@mbmbmb111 what kind of company?

    • @mbmbmb111
      @mbmbmb111 Před 9 měsíci

      @@noamp4187 i opened a crypto mining and hosting company… started in 2016 when i was 14 and opened my company 2021😝

  • @Tristan-wm8yd
    @Tristan-wm8yd Před 9 měsíci +2

    Money is an illusion. It’s all just energy. Be positive as all energy has a charge. I hope you all manifest your reality in this financial matrix!

  • @davocarli
    @davocarli Před 9 měsíci +7

    I'm 27 with net worth of about 77k *BUT* I recently placed myself in a very lucky financial situation where I am able to save about 85% of my income.

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci

      Good job! That's a solid number for that age especially

  • @GoodTimeCatchers
    @GoodTimeCatchers Před 2 dny

    35. 850k net worth. Half and half house/investments. Just now own everything. Only debt remaining in the house. Just increased to 20% increased payments due to higher interest rates we are now dealing with. Lump sums after tax season. Time to get to zero by 38. Maybe retire at 40 with very modest lifestyle.

  • @saphinq9989
    @saphinq9989 Před 9 měsíci +2

    24 years old. I have about 310k on my name. Must admit, I was the ‘lucky’ investor in crypto when the hype started.

  • @hondarider436
    @hondarider436 Před 9 měsíci +11

    Im under 35, thankfully with a net worth of a much older age group. Love the videos man. I never miss one

  • @forrestdeno8662
    @forrestdeno8662 Před 9 měsíci +6

    Would be cool if you made the same kind of video with spending habits, for each agegroup.

  • @michaelobryan292
    @michaelobryan292 Před 9 měsíci +12

    Whats up Andrei. Love your content dude. I am definitely adopting the slow and steady approach to investing these days.. My biggest investment was crypto from 2020-2021, and I have been HODLing ever since... Glad to see I fall into the slightly higher than average net worth bracket for my age range... Best thing I ever did was buy my house in 2020 (in Southern California) at a 3.125% interest rate... Thanks for all you do my dude... Love your content man! (Graham Stephen is mehhhhh - compared to your stuff.. haha!) I pump a ton into FXAIX (Fidelity S&P index fund).. broad market index funds for the slow and steady approach, for the win!

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +4

      Heck yea, love to hear it! Congrats on being ahead!

    • @michaelobryan292
      @michaelobryan292 Před 9 měsíci

      Thanks holmes! @@AndreiJikh

  • @danrich6448
    @danrich6448 Před 9 měsíci +3

    I think you have the numbers for the car value, and credit card debt mixed up for the 45 to 54 group.

  • @mattmugno6277
    @mattmugno6277 Před 9 měsíci +3

    Nice info. Throw in a divorce and see what your numbers look like.
    Love to see the difference with married at retirement with no divorce vs a divorce in the mix. Especially for a man.

  • @chickolat
    @chickolat Před 9 měsíci +12

    i'm 42, female, single and if i don't count my home, its $900k and with home its $1.7m.

  • @press3395
    @press3395 Před 9 měsíci +11

    I never understood this, below 40 most people have high college debt , mortage, and car payments, how can they have a positive net worth? The average should be negative..

  • @theyoder3311
    @theyoder3311 Před 9 měsíci +2

    I don't even have a high school diploma. My wife has two bachelor's and a masters degree. I make twice as much as she does in my W2 job. I also make twice as much in my real estate investments as she does. Degrees are worth TP, without the will power.

  • @joseCalderon1976
    @joseCalderon1976 Před 9 měsíci +19

    Pretty accurate. My net worth is around $146k and I'm 47. I'm shooting to have a net worth of around $1 million by the time I'm age 62. Hopefully I can retire at 62. Thanks for the video

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +1

      Thanks for checking it out and sharing that!

  • @generalhecto
    @generalhecto Před 9 měsíci +9

    24 years old, got like a band or two to my name... currently earning around 35k after taxes, expecting a big raise next year after getting my degree. I can only put away around 300 bucks a month for emergencies and sadly theres been a couple of them within the last years. Still somewhat young so by the time I hit 30 I expect to be closer to the average.

  • @alexsteven.m6414
    @alexsteven.m6414 Před 9 dny +1

    Hello, I am due for retirement in two years, I'm a senior citizen but I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $50K per year but nothing to show for it yet.

  • @TalesOfTrillions
    @TalesOfTrillions Před 4 měsíci

    Who knew comparing your net worth to others could be this eye-opening? Time and real estate seem to be the real MVPs here! 🏡

  • @MrWho-vb6hg
    @MrWho-vb6hg Před 7 měsíci

    Supposed to be don’t count your home b/c it’s for shelter only. The bigger they are the more money to spend.
    I think the key is you need to have 401k asset 10x from your current salary NOT starting salary as the video chart mentioned when you retire at 67.

  • @Zombiebeast1995
    @Zombiebeast1995 Před 7 měsíci

    Wife and I are 28, we make just over $100k now jointly. Our net worth is $155k and once we split our land from our house that should land us another $200k after taxes. We built our home and that is a big portion of our NW, we have about $44k in retirement and control a total of $500k in assets.

  • @CR0WYT
    @CR0WYT Před 4 měsíci

    "The younger you are, the more you care about what car you drive."
    Bruh I'm in my early 20s and I'm more than happy with my used Honda Civic '18.

  • @TVHouseHistorian
    @TVHouseHistorian Před 9 měsíci +3

    By the look on his face, you can tell Papa Powell is furious his hairdo is being upstaged by Andrei’s which you can also tell incorporates a little bit of Warren Buffet. It’s okay, Papa Powell. Comparison is the killer of contentment. And thanks to Andrei, I know right where I stand as a 49 year old and how much catching up I need to do 😢. Another great video, Andrei 👍

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +1

      Appreciate you, thank you!

    • @TVHouseHistorian
      @TVHouseHistorian Před 9 měsíci

      @@AndreiJikh Always my pleasure, dear sir. Keep pumping out that great content 🤗

  • @regtalkswealth
    @regtalkswealth Před 9 měsíci +8

    Comparison is definitely the thief of all joy if your at a certain age and you've not hit the mark for your bracket don't worry just keep working success takes time 👌

  • @ascanman
    @ascanman Před 9 měsíci +1

    Not going to say how much I am worth, but I am digging in and catching up. At 35 I should be fine with how much time I have left, and how much progess I've made in the year since paying off my student loans. Now it's just boring old saving for retirement.

  • @t-bonesteak1502
    @t-bonesteak1502 Před 9 měsíci +132

    Maybe voting blue no matter who was a terrible mistake

    • @bryanalba7260
      @bryanalba7260 Před 9 měsíci

      Yup once the democrats infiltrated the Librals and made them look really bad... I was like... "We need to kick out politicians, the bad and evil people in our government including those who looked the other way or didnt stop the curropted ones. Then replace those with patriots who can and will help the USA be the country it was meant to be and the peace bringer the world so desperately needs.

    • @Berserk1Manga
      @Berserk1Manga Před 9 měsíci +10

      Nope it's not. Vote blue no matter who more than ever now.

    • @alexgramajo5137
      @alexgramajo5137 Před 9 měsíci +37

      @@Berserk1Mangayou are whats wrong with the world 😂

    • @cassibedford
      @cassibedford Před 9 měsíci +26

      voting red or blue blindly is really the problem

    • @tramac
      @tramac Před 9 měsíci

      Hey

  • @mr_fixit
    @mr_fixit Před 9 měsíci +12

    Great info and love your videos. One thing I disagree on is the level of education being that big of a factor. Fortunately there is still plenty of opportunity for the less educated but hard working people. Set goals, work hard, live bellow your means, guarantee you will make it just fine in life 💯

  • @mushroomatume
    @mushroomatume Před 5 měsíci +5

    To those seeing this: You are watching this video because you care about your financial literacy. You are doing better than the VAST MAJORITY of Americans your age. Be proud of of yourself😀

  • @offroadpatriot7219
    @offroadpatriot7219 Před 9 měsíci +1

    28 and about 30k in savings/retirement. another $25k-30k in assets I could liquidate if needed (Toys). And house is estimated 200k that I bought for under 100k about 7-8 years ago. So if that's accurate I've accumulated a healthy lumpsum of equity from the real estate market alone. Time will tell. I feel somewhat conformable where I'm at. Once the fiancé is out of college I wont be the only income and will be able to put more into retirement. I consider myself at 28 to be more of the "average".

  • @massihtaufiq4711
    @massihtaufiq4711 Před 9 měsíci +7

    I was recently searching google for an answer and here you are, a video with great explanation given to us. Thanks

  • @terryalmame5879
    @terryalmame5879 Před 9 měsíci +4

    I really like your work and I’m 25 with -$74000 net worth trying to stay alive and pay off my debt before it too late.

    • @jacobstemper4986
      @jacobstemper4986 Před 9 měsíci +2

      I feel you! Just graduated from my masters, making great money but I started w a lot of debt! By the end of the year I’ll have a NW of just under -$100k. Keep up the deleverage and best of luck in your journey :)

    • @terryalmame5879
      @terryalmame5879 Před 9 měsíci

      @@jacobstemper4986thanks 🙏

    • @justinb1606
      @justinb1606 Před 9 měsíci +1

      You have time.

  • @a47_ftbledits
    @a47_ftbledits Před 9 měsíci +3

    Really needed this thank you Andrei

  • @trelewicz
    @trelewicz Před 9 měsíci +3

    Well I guess I'm crushing it, I'm 48 with 800 k in investments, house paid for and no debt.

  • @rubberduckrecruiter7510
    @rubberduckrecruiter7510 Před 9 měsíci +7

    Super interesting, the way things are going (AI, Inflation, FIAT faith dwindling etc) I wonder if we are predicating our financial plan on rules that worked for every generation before, but won't work for us purely because we are entering a time that there is no economic model for. Thoughts on this?

    • @silverfresh
      @silverfresh Před 9 měsíci +1

      I heard the 80s were a wild ride too. I know the 2010s were definitely. I think things change socially but one thing stays the same, the rich get richer, so we just have to get a piece of that pie they keep inflating.

  • @HomeandYacht
    @HomeandYacht Před 9 měsíci +2

    5:25 is the end of the ad

  • @codybanks1806
    @codybanks1806 Před 5 měsíci

    Just turned 27. I am happy I bought into real estate so early. With my two properties, 401k, savings, and HSA I am at 466k. Thankful for where I am at but I have given up alot of time to make it happen.

  • @tocarules
    @tocarules Před 9 měsíci +3

    Thats exactly my thoughts as soon as I read the thumbnail. "Lets get depressed @60 years old".
    Actually, I should be thankful for every thing Ive acquired along this crazy journey.

    • @AndreiJikh
      @AndreiJikh  Před 9 měsíci +2

      You're doing well if you're watching finance videos (generally speaking). Thanks for tuning in!

  • @NellySP
    @NellySP Před 9 měsíci +1

    Age bracket 36-35 years old. Net worth about $400k+; however since I’m married then it should only be $200k+.

    • @lolmitsuki8411
      @lolmitsuki8411 Před 9 měsíci

      Nope. You're married, their money is yours and yours is theirs. Nice net worth.

  • @sridharuravakonda
    @sridharuravakonda Před 9 měsíci +1

    I just did a quick math in my mind and my net worth matches this formula...amazing and it's good I am on track...can't give more details than this as am not comfortable to share such data on social media. But one thing I can say is real estate and equities made most of it...or all of it...with 10 % in cash. Thx for sharing this...

  • @osvaldopena6629
    @osvaldopena6629 Před 9 měsíci +8

    Hey Andrei! I'm 29 😂 got 121k in my 401k and 105k in my individual investing accounts. Got a house that appreciated by 30k since the year I've bought it also.

  • @renegadetenor
    @renegadetenor Před 14 dny

    I don't appear anywhere on this chart, 30k net, but debt-free and catching up fast in the fourth quarter. College is definitely my greatest regret-- but I will win in spite of it.

  • @Royals_Mindset
    @Royals_Mindset Před 9 měsíci +4

    I feel like I'm playing catch up, I started late to wealth building & investing at age 38. But I still have plenty of time to build & grow my net worth until that sweet age of 54... I'll be plenty good by then... 🤩👌

  • @DS-nw4eq
    @DS-nw4eq Před 9 měsíci +1

    Real estate is not a financial investment. When you factor in property taxes and insurance and mortgage interest… you didn’t break even. Real estate is an investment in privacy and it is marginally better than paying someone else’s mortgage (renting).

  • @whoistheeric
    @whoistheeric Před 9 měsíci

    interesting fact... living in NYC, i remember purchase the house back on 2015 for 640k and now recently the adjacent neighbors sold it for 995k, so my net worth are around 640k.

  • @Timmyboyy84
    @Timmyboyy84 Před 9 měsíci

    Thanks bro, always love the videos. And also I like to know where I stack up vs the average

  • @c00p3r99
    @c00p3r99 Před 4 měsíci

    Spanish 24 guy here. My salary is 25k€/year (average salary here in Spain), 16k€ cash and 12k€ invested

  • @rawlvee
    @rawlvee Před 8 měsíci +1

    20 years old $13,531 portfolio balance

  • @oherroprease207
    @oherroprease207 Před 9 měsíci

    30, no debt, don’t own a home so no equity, and even with contributing every paycheck my retirement accounts have been sitting at ~58k all year.
    Anyone who bought a house pre-pan has their whole life set for them. I unfortunately listened to all the “CZcams experts” at the time screaming “Don’t buy the market is going to crash!” and will forever regret it.

  • @TwinCitiesBourbon
    @TwinCitiesBourbon Před 7 měsíci

    35 male, Account management, Tech College degree. $369k net worth, only $5k in student loans left.

  • @dakilla990
    @dakilla990 Před 9 měsíci +2

    Took my student loan and bought solana at 17.50

  • @magniarot
    @magniarot Před 4 měsíci

    These numbers are way too low people. With inflation the way it is people would not last a few years. Your main goal should be to have a paid off home and 1M invested at 50 years of age.

  • @renlee8211
    @renlee8211 Před 9 měsíci +1

    19 with a networth of 20k, still in college though

  • @bluegillmich
    @bluegillmich Před 9 měsíci +1

    45 to 54 group, net worth 353.75 K, no debt.

  • @tylerowens2192
    @tylerowens2192 Před 9 měsíci

    38 years old, $500K net worth, invested in real estate, worked as an HVAC technician.

  • @jimmyb4489
    @jimmyb4489 Před 9 měsíci +7

    35 in January. At about $700k net worth, with a peak of $724k back in of Sept.

  • @Jimmy_Pedraza36
    @Jimmy_Pedraza36 Před 9 měsíci

    The Warren Buffett was spot on. That needs to become a permanent segment

  • @TONYSTARK-jh2wu
    @TONYSTARK-jh2wu Před 9 měsíci +1

    it's 2023 don't forget about all the social media influencers that's are making 500k a month

  • @paul-od4gh
    @paul-od4gh Před 9 měsíci +1

    Remember men a divorce will cost you half of your net worth!

  • @leoboo
    @leoboo Před 9 měsíci +1

    Would be interesting to show the same data, but the difference in which state you're in.

  • @vishavjeetsingh709
    @vishavjeetsingh709 Před 9 měsíci +1

    I’m 20 living in Australia and I’m looking forward to investing but cannot decide where to start from !??