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Average Net Worth By AgeWhat is your net worth, and how does it compare to your peers by age?
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Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
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So when count a home. Do you minus the amount left on the loan??? It is a liability? But I figure you don't minus It because I could sell the house today and the equity is my new net worth. It is funny the stark difference between median and average.
average is fine but having also top 25% , 15% , 10%
Comparison is the death of joy.
Mark Twain
I think you missed the average net worth by age???