It's natural for people to wonder how they measure up against everyone else when it comes to what their Net Worth is when they're at a certain Age, or what their Net Worth is when they're making a certain Annual Income. I know I do sometimes...
Well, it turns out that Neilsen Claritas performed a study which measured this in the United States, and CNN Money created a great calculator as a part of their Retirement Calculators which shows the Median value (Wikipedia: Median) for Net Worth (Wikipedia: Net Worth) by Age and by Annual Income.
I thought it was pretty handy, so I figured I would share it with you.
The CNN Net Worth by Age and Income Calculator can be found at the following site:
Net Worth: How do you stack up?
I took the liberty of creating 2 tables that show what the Median Net Worth is both by Age and by Annual Income, based on the values provided by the CNN Money Calculator (to save you the trouble of having to test each out on your own):
MEDIAN NET WORTH BY AGE
MEDIAN NET WORTH BY ANNUAL INCOME
So, how do you measure up? Are you on track? Are you behind? Are you ahead?
I would tell you where I stand to get your sympathy, but I'm sure you have your own problems... ;)
http://www.flickr.com/photos/khrawlings/3407402643/sizes/l/ by khrawlings on flickr