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

Andrei Jikh
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How Much Money You Should Have By Age (Average Net Worth)
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SOURCES:
www.federalreserve.gov/econre...
www.fidelity.com/viewpoints/r...
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

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31 окт 2023

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Комментарии : 750   
@CoinGoblin97
@CoinGoblin97 6 месяцев назад
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
@johnsejour8084
@johnsejour8084 5 месяцев назад
Sup bro I'm 24 turning 25 in next couple days I need some advice
@johnsejour8084
@johnsejour8084 5 месяцев назад
I'm from the Bahamas
@exaucemayunga22
@exaucemayunga22 Месяц назад
You are
@trekkingtomahawk921
@trekkingtomahawk921 Месяц назад
Privileged
@exaucemayunga22
@exaucemayunga22 Месяц назад
@@sophizaaa get a job, save, invest, don't spend money on useless stuff. If you do that, you'll be in the same place.
@DrStfuFool
@DrStfuFool 3 месяца назад
My net worth is -20k
@JustinMey
@JustinMey 6 месяцев назад
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 6 месяцев назад
WOW amazing, congrats!! I think I hit $200k a couple years after you, so 26 is insanely good, good job!
@mattyhaha1171
@mattyhaha1171 6 месяцев назад
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 6 месяцев назад
@@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 6 месяцев назад
jealoooous @@mattyhaha1171
@ShawwnParrr
@ShawwnParrr 6 месяцев назад
@@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
@JasonBay-RealEstateInvesting
@JasonBay-RealEstateInvesting 6 месяцев назад
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 5 месяцев назад
That’s awesome man. Good for you
@IrisP989
@IrisP989 5 месяцев назад
Do you have paid off rentals?
@JasonBay-RealEstateInvesting
@JasonBay-RealEstateInvesting 5 месяцев назад
owner occupied is paid. Rentals have low interest rates. Looking to buy a rental cash now though. @@IrisP989
@ssgg23
@ssgg23 3 месяца назад
Damn how lol
@mr.universe1907
@mr.universe1907 3 месяца назад
I would quit my job if I hit 5M at 46. lol, good job, man
@billymasters745
@billymasters745 6 месяцев назад
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 6 месяцев назад
Thats why Im having no kids. Save so much money from those 18+ years
@kyle7574
@kyle7574 4 месяца назад
@@joycezhang3809and also have no purpose in life at the same time
@mysterio5837
@mysterio5837 Месяц назад
@@joycezhang3809just dont get married lol. Thats the quickest way to retire wealthy
@chrismilne6120
@chrismilne6120 6 месяцев назад
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 6 месяцев назад
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 5 месяцев назад
agreed
@zanettialvaro
@zanettialvaro 3 месяца назад
This is the way. Still 800k at 39 is f.. incredible. Well done man.
@peterdaley8575
@peterdaley8575 Месяц назад
Sounds awesome. What do you do for work to make that high salary? Also, are they hiring?
@CaptainOnePocket
@CaptainOnePocket Месяц назад
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.
@MK-_-Rob
@MK-_-Rob 6 месяцев назад
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 6 месяцев назад
Incredible! You're doing really well, thanks for sharing!
@firstoutofline
@firstoutofline 6 месяцев назад
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 6 месяцев назад
@@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 4 месяца назад
@@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 4 месяца назад
@@steauafan4ever Only debt *interest* is a tax write off. So pretty negligible in my situation when not much interest accrued in the first place
@nirui467
@nirui467 6 месяцев назад
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 6 месяцев назад
Well said!
@MrsWheezer
@MrsWheezer 2 месяца назад
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.
@ulysses.cardenas
@ulysses.cardenas 5 месяцев назад
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 4 месяца назад
I’m 23 and -60k 😭
@thatguythatraps9816
@thatguythatraps9816 6 месяцев назад
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.
@tomorr7176
@tomorr7176 6 месяцев назад
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 6 месяцев назад
@@tomorr7176 real estate really is that differentiator lol
@AndreiJikh
@AndreiJikh 6 месяцев назад
Way ahead! Good job!!
@ForemanMD
@ForemanMD 6 месяцев назад
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 6 месяцев назад
@@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.
@hondarider436
@hondarider436 6 месяцев назад
Im under 35, thankfully with a net worth of a much older age group. Love the videos man. I never miss one
@darknightr15yzf
@darknightr15yzf 6 месяцев назад
As a Under 35 age group I never had any understanding about wealth by age brackets, thanks for the video bruh
@AndreiJikh
@AndreiJikh 6 месяцев назад
Thanks! Hope this was useful
@SSGoatanks
@SSGoatanks 6 месяцев назад
@@AndreiJikh If the US wasn't so car dependent, perhaps more of us would be able to accumulate more wealth!
@Dcage13
@Dcage13 6 месяцев назад
Your core demographics are bots
@twinklenutz1449
@twinklenutz1449 6 месяцев назад
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 6 месяцев назад
That's awesome! Congrats on that one
@dashiellhajian159
@dashiellhajian159 6 месяцев назад
That's awesome man thanks for sharing
@avalagum7957
@avalagum7957 6 месяцев назад
How many kids do you have? How much money do you spend for them annually?
@joshuako7077
@joshuako7077 6 месяцев назад
I’m interested in seeing a breakdown of “college degree by age bracket” net worth/income comparison.
@maureenviola
@maureenviola 6 месяцев назад
At age 72 I’m using up “valuable time” by watching your videos! And wondered where you WERE when there was no Monday video???? 🤔
@jiive
@jiive 6 месяцев назад
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!
@douglaschester2097
@douglaschester2097 Месяц назад
This is amazing. *“How to build wealth”*
@douglaschester2097
@douglaschester2097 Месяц назад
The first step to building wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your money.
@douglaschester2097
@douglaschester2097 Месяц назад
I am fortunate I made productive decisions that changed my finances through my financiaI planner. Got my house in Feb, and hoping to retire soon.
@douglaschester2097
@douglaschester2097 Месяц назад
researvh the name, if you care.
@douglaschester2097
@douglaschester2097 Месяц назад
REBECCA MARTIN WATSON
@svenoliver6040
@svenoliver6040 Месяц назад
l’m amazed to partake on this, lt has rekindled the fire to my goals.
@caroli1091
@caroli1091 6 месяцев назад
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!
@AndreiJikh
@AndreiJikh 6 месяцев назад
thank you!
@douglarned817
@douglarned817 6 месяцев назад
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 6 месяцев назад
Love that, thank you for sharing!!
@komogo1155
@komogo1155 6 месяцев назад
I really appreciate you digging into all this stuff for us. From one money nerd to another.
@AndreiJikh
@AndreiJikh 6 месяцев назад
Ehhh thanks fellow nerd!
@keemth3dream571
@keemth3dream571 6 месяцев назад
Ooooooooooooooooooooopo ok i
@mr_fixit
@mr_fixit 6 месяцев назад
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 💯
@massihtaufiq4711
@massihtaufiq4711 6 месяцев назад
I was recently searching google for an answer and here you are, a video with great explanation given to us. Thanks
@AndreiJikh
@AndreiJikh 6 месяцев назад
Bam, thank you!
@kennynguyen9325
@kennynguyen9325 6 месяцев назад
I’ve literally watched the last version of this video once a week as inspiration…. Love your vids fr!!❤
@AndreiJikh
@AndreiJikh 6 месяцев назад
Thank you!
@dylantaylor4822
@dylantaylor4822 6 месяцев назад
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 6 месяцев назад
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 6 месяцев назад
I got a networth of negative 60k how at 20 how can I get to your spot 🙏
@JasonBay-RealEstateInvesting
@JasonBay-RealEstateInvesting 6 месяцев назад
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.
@AbeyantHero
@AbeyantHero 6 месяцев назад
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
@thewolf61691
@thewolf61691 6 месяцев назад
The biggest key to my wealth was not going to college.
@AndreiJikh
@AndreiJikh 6 месяцев назад
One of the lucky ones!
@DarrenMalone253
@DarrenMalone253 6 месяцев назад
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 6 месяцев назад
Sorta the same here…joined the military though and college was paid for
@joseCalderon1976
@joseCalderon1976 6 месяцев назад
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 6 месяцев назад
So much useless BS college degrees nowadays too, like Shakespearean literature degree or studied lesbian dance theory
@mr.j1158
@mr.j1158 6 месяцев назад
One of the greatest vids!!... thanks so much for this breakdown
@asliceofkai5006
@asliceofkai5006 4 месяца назад
Getting close to 30 and I'm almost at $0, this is the year I'll have positive net worth!
@bmoreblondie6301
@bmoreblondie6301 20 дней назад
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
@Timmyboyy84
@Timmyboyy84 6 месяцев назад
Thanks bro, always love the videos. And also I like to know where I stack up vs the average
@A_Canadian_In_Poland
@A_Canadian_In_Poland 5 месяцев назад
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 4 месяца назад
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 4 месяца назад
Stay strong 💪💪💪 You got this, the pain of the hill makes the view from the summit pay off.
@nicholasmartinez6043
@nicholasmartinez6043 6 месяцев назад
That’s a very good J Powell impression! I was listening to the video and I really thought it was him the first time you did it 😂
@a47_ftbledits
@a47_ftbledits 6 месяцев назад
Really needed this thank you Andrei
@osvaldopena6629
@osvaldopena6629 6 месяцев назад
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.
@robbiewhite8383
@robbiewhite8383 6 месяцев назад
Your impressions of warren buffet and now Jerome powel are too on point. 😂
@dingo2306
@dingo2306 6 месяцев назад
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 6 месяцев назад
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 6 месяцев назад
LET GO!!!
@silverfresh
@silverfresh 6 месяцев назад
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 6 месяцев назад
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 6 месяцев назад
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.
@i_am_thebatman
@i_am_thebatman 6 месяцев назад
Been waiting for a video drop like this . Thanks Andre 🙏🏼
@breannahorton
@breannahorton 6 месяцев назад
28, lower cost of living area (Midwest), single income household, make ~$30k/yr. Currently I estimate my net worth to be around $140k. Playing the house jumping game, don't particually want to deal with tenants. First house in 2016 was a $30k foreclosure, $15k in materials and a lot of labour, lived there for a while and sold for $75k, moved into my current Feb 2020, a $92k foreclosure, dropped $10k in materials getting ready to close for $220k, and buying a $150k fixer upper on land- at that proce in my area they gave very little value to the house, its all in the land, well, septic, and electric hookups. The owners rented it out and its an older house in poor condition, they divorced and the court ordered the sale with a short deadline so I'm getting a good deal. Estimate about $20-25k, after should be worth about $250-300k depending on the finishes and market, with the estimate of $250k I should be sitting at around $200k this time next year.
@Kody-qi3jr
@Kody-qi3jr 6 месяцев назад
Oh, look Mom I'm average again.
@michaelobryan292
@michaelobryan292 6 месяцев назад
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 6 месяцев назад
Heck yea, love to hear it! Congrats on being ahead!
@michaelobryan292
@michaelobryan292 6 месяцев назад
Thanks holmes! @@AndreiJikh
@harleydownour1070
@harleydownour1070 6 месяцев назад
Love the video, Andrei! My wife and I are in our mid-20s, and we just broke $100k net worth.
@RustyGolfer
@RustyGolfer 6 месяцев назад
Congrats - they say the first 100k is the hardest! Your journey is well underway, keep on saving & investing!
@AndreiJikh
@AndreiJikh 6 месяцев назад
wow amazing! Thanks for sharing
@jomarrobles1778
@jomarrobles1778 6 месяцев назад
As a couple or individually?
@petersaulnier3526
@petersaulnier3526 6 месяцев назад
when talking about different age groups and their net worth maybe if it can also be useful to know the "median" net worth of that age group as well as the "average" net worth.. a few billionaires move the average up more than they would do to move median up very much.
@generalhecto
@generalhecto 6 месяцев назад
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.
@starscreamedits_
@starscreamedits_ 4 месяца назад
Keep doing your thing
@josephamaral419
@josephamaral419 6 месяцев назад
Love the Powell impression, was pretty funny.
@hiphopjewels
@hiphopjewels 6 месяцев назад
47, net worth of $793k. Mostly equity in my primary residence, pension, 457b, taxable brokerage, savings, gold jewelry collection and a bit of crypto. Assets are $1 million. Liabilities are about 1/3 of my home and 18k for my car, no revolving debt or student loans. My retirement would be higher, but I paid of the student loans first.
@robertlaird6746
@robertlaird6746 2 месяца назад
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.
@underwoodfinc
@underwoodfinc 6 месяцев назад
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 6 месяцев назад
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 6 месяцев назад
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.
@9876karthi
@9876karthi 6 месяцев назад
Hurray...thank you, i am 10yrs behind my suppose to be networth, now i can go and get depressed about it.
@godblessamerica222
@godblessamerica222 6 месяцев назад
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… 🙏🏽🙏🏽🙏🏽
@averagemillennialinvestor
@averagemillennialinvestor 6 месяцев назад
I only come here for the Buffett and Powell impersonations. 🤣
@kevinreiken5904
@kevinreiken5904 6 месяцев назад
Oh geez I’m 63 and been watching you for a long time now!
@AndreiJikh
@AndreiJikh 6 месяцев назад
Wow thanks! You're definitely in the minority!
@whoistheeric
@whoistheeric 6 месяцев назад
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.
@vishavjeetsingh709
@vishavjeetsingh709 6 месяцев назад
I’m 20 living in Australia and I’m looking forward to investing but cannot decide where to start from !??
@dirtydinner6463
@dirtydinner6463 6 месяцев назад
105k savings at 25 with no debt. Waiting for housing prices to drop so I can buy my first home for what it’s actually worth. I’ll gladly rent until the market evens out. Housing prices are beginning to plummet in my city and every block has a for sale sign. This will only continue
@ommni24
@ommni24 6 месяцев назад
I doubt the housing will be dropping. Highly
@joseCalderon1976
@joseCalderon1976 6 месяцев назад
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 6 месяцев назад
Thanks for checking it out and sharing that!
@MrWho-vb6hg
@MrWho-vb6hg 4 месяца назад
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.
@ascanman
@ascanman 6 месяцев назад
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.
@KingCzar29
@KingCzar29 6 месяцев назад
I don't care who makes these videos, I look forward to them every year because I'm always wondering where I stand 😅
@regtalkswealth
@regtalkswealth 6 месяцев назад
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 👌
@Elizabethgreen779
@Elizabethgreen779 6 месяцев назад
Engaging in an individual market option is a fair but its performance level can’t generate high dividends. Diversification is the secret to optimal performance, that’s why I have my interest set on options based on projected growth and performance.
@yung1448
@yung1448 6 месяцев назад
can you explain in full the market options you’re into, i’m curious•
@Elizabethgreen779
@Elizabethgreen779 6 месяцев назад
When it comes to finance growth, it’s wrong to engage in a single option. I suggest diversifying into various options with high performance coupled with the experience and aid of a finance Pro will generate bigger dividends and balance volatility.
@Elizabethgreen779
@Elizabethgreen779 6 месяцев назад
”Do not lay your eggs in one basket.” I engage on various options (real estate, real assets, index/mutual funds, ETFs, annuities, lDOs and many others) with the aid of my finance pro, and so far have acquired so much (amount is confidentiaI)
@Elizabethgreen779
@Elizabethgreen779 6 месяцев назад
sear ch the full name below, if you care
@Elizabethgreen779
@Elizabethgreen779 6 месяцев назад
IsabeIIe ChIoe Scott
@bengunn6571
@bengunn6571 6 месяцев назад
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.
@gunnerjoe6700
@gunnerjoe6700 5 месяцев назад
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 😊
@TVHouseHistorian
@TVHouseHistorian 6 месяцев назад
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 6 месяцев назад
Appreciate you, thank you!
@TVHouseHistorian
@TVHouseHistorian 6 месяцев назад
@@AndreiJikh Always my pleasure, dear sir. Keep pumping out that great content 🤗
@danielstirling1681
@danielstirling1681 4 месяца назад
In Hungary, with multiple diplomas i see wages of 21k per year (and most companies really dont want to go higher than that)
@simply4022
@simply4022 4 месяца назад
I was nervous at first but after watching I feel better knowing I’m closer to the average in my age group.
@offroadpatriot7219
@offroadpatriot7219 6 месяцев назад
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".
@briansamaniego-howard1806
@briansamaniego-howard1806 6 месяцев назад
32 years old, 125k networth, all retirement and taxable account. No debt.
@calvin1132
@calvin1132 Месяц назад
I’m 19 with 200k feel like I’m so left behind
@forrestdeno8662
@forrestdeno8662 6 месяцев назад
Would be cool if you made the same kind of video with spending habits, for each agegroup.
@parkway.productions
@parkway.productions 6 месяцев назад
21 years old , 62k net worth. Long time subscriber 🙏
@AnointedOne4God
@AnointedOne4God 6 месяцев назад
Excellent work 👍
@wateveryo
@wateveryo 6 месяцев назад
Beautiful 😍 I'm 20 and I'm negative 60k tho 😭 can we switch spots pleass
@mbmbmb111
@mbmbmb111 6 месяцев назад
21 years old, around 600k net worth (200K cash, 400k invested), no daddy's money! build an own company.
@noamp4187
@noamp4187 6 месяцев назад
@@mbmbmb111 what kind of company?
@mbmbmb111
@mbmbmb111 6 месяцев назад
@@noamp4187 i opened a crypto mining and hosting company… started in 2016 when i was 14 and opened my company 2021😝
@JohnJohn-nt9mf
@JohnJohn-nt9mf 6 месяцев назад
Age 34 and my net worth is around $123k (28% Trad 401k, 21% Taxable Brokerage Account, 38% ROTH and 13% cash on hand).
@AndreiJikh
@AndreiJikh 6 месяцев назад
Doing really well!!
@CR0WYT
@CR0WYT Месяц назад
"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.
@zkramez
@zkramez 4 месяца назад
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!
@vishavjeetsingh709
@vishavjeetsingh709 6 месяцев назад
Btw love your videos man it’s fun and knowledgeable. You didn’t do a trick in this video though 😅
@AndreiJikh
@AndreiJikh 6 месяцев назад
Darn! Next one haha
@fredericboileaucadieux3645
@fredericboileaucadieux3645 6 месяцев назад
Hey, I saw you at SEMA yesterday!!
@Entrepreneur5480
@Entrepreneur5480 6 месяцев назад
That impression of warren buffet was spot on !😂😂
@Jimmy_Pedraza36
@Jimmy_Pedraza36 6 месяцев назад
The Warren Buffett was spot on. That needs to become a permanent segment
@angelasoWA
@angelasoWA 4 месяца назад
I’d be curious to know what the net worth by age group by state. Retiring in a high cost of living area with less then $500k net worth doesn’t seem possible.
@farmboyEN
@farmboyEN 4 месяца назад
31, dual income household 220k a year, net worth 900k no debt. Weve moved every two years and made money everytime we moved. Bought fixer uppers and increased the value doing alot of the work ourselves, paid off student loans our first year being married lived on beans and rice.
@aaronsvendsen1938
@aaronsvendsen1938 6 месяцев назад
Just curious if that data includes pensions? Wasn’t sure how those factor in to net worth.
@JohnVito
@JohnVito 6 месяцев назад
Andrei, your JPow impression is much better than your Warren Buffett impression.
@hikarisai7755
@hikarisai7755 6 месяцев назад
Showing collectibles in video make it taxable deductible, that's genius. And it's an appreciating asset XD
@DailySend
@DailySend 6 месяцев назад
Lmao that voiceover was the best 😂. Thanks for the info!
@AndreiJikh
@AndreiJikh 6 месяцев назад
haha thank you!
@leoboo
@leoboo 6 месяцев назад
Would be interesting to show the same data, but the difference in which state you're in.
@mattmugno6277
@mattmugno6277 6 месяцев назад
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.
@mattmugno6277
@mattmugno6277 6 месяцев назад
@@Whats_App403 gfys
@JD78CN
@JD78CN Месяц назад
45 - with $500k net worth not including inheritance, split evenly between house and cash. Should have been more but I didn’t really start saving until I was 35. With inheritance about $3M, mostly properties.
@theyoder3311
@theyoder3311 6 месяцев назад
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.
@d02575575
@d02575575 6 месяцев назад
You keep bringing it bro
@LuisVasquez-ui9wk
@LuisVasquez-ui9wk 6 месяцев назад
ok but what watch are you wearing
@johnnyboyvan
@johnnyboyvan 4 месяца назад
Well explained. 2.2m networth and still feel poor in my city. I still save 6k as a retiree.
@rubberduckrecruiter7510
@rubberduckrecruiter7510 6 месяцев назад
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 6 месяцев назад
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.
@mangoinvests
@mangoinvests 6 месяцев назад
Your warren buffet voice was hilarious haha
@115bdogg
@115bdogg 6 месяцев назад
I have always wondered if this is only for individuals or for married couples?
@BrucePierson_bpnuke
@BrucePierson_bpnuke 6 месяцев назад
How are net assets calculated for families?
@sherrymoonie6991
@sherrymoonie6991 4 месяца назад
holy youre so funny, i saw your video showing the tiktoker I know and you're showing off pokemon slabs just like I did lmfao
@janiceg7661
@janiceg7661 6 месяцев назад
This is based on fidelity accounts, survey, and self disclosure. Many of us have multiple investment accounts. I think slow and steady is good advice. I’m way above my 53 yo bracket.
@jiningqin7717
@jiningqin7717 6 месяцев назад
Can you give the link to the webtool at 1:18? Thanks!
@I_Am_Adrien
@I_Am_Adrien 6 месяцев назад
Try his has to be Deja Vu. I vaguely remember you making a video like this before
@TalesOfTrillions
@TalesOfTrillions 25 дней назад
Who knew comparing your net worth to others could be this eye-opening? Time and real estate seem to be the real MVPs here! 🏡
@yerlanymendez
@yerlanymendez 6 месяцев назад
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 6 месяцев назад
According to the comments, everybody is rich nowadays. Sorry.
@JasonBay-RealEstateInvesting
@JasonBay-RealEstateInvesting 6 месяцев назад
It's survivorship bias. Those feeling less confident are less likely to be open about their situation / struggle. @@michaelvm2404
@JasonBay-RealEstateInvesting
@JasonBay-RealEstateInvesting 6 месяцев назад
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.
@Odysseus38
@Odysseus38 6 месяцев назад
Not looking at my screen, i couldnt tell when Jerome was talking or when you were 😂😂😂😂
@avaldes1220
@avaldes1220 6 месяцев назад
yooo the opening was top tier just died of laughter lol
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