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Below is a usefull chart created by Scott Burns it shows the median net worth of an indivual by age.
For example if your 28 years old the median worth is about $5,000 USD. If you have $25,000 your in the top 25% of all people between 20 and 29.
remeber your net worth is your assets minus your debts.
| The Distribution of Wealth, by Age Group
(dollar figures in thousands) |
|
Age Group |
Top 1% |
Top 5% |
Top 10% |
Top 25% |
Median |
|
80 or older |
$2,957.8 |
$ 693.0 |
$440.0
|
$252.2
|
$118.0
|
|
70-79 |
$4,338.1 |
$1,074.5 |
$703.4
|
$316.5
|
$140.9
|
|
60-69 |
$6,263.4 |
$1,850.2 |
$902.8
|
$356.7
|
$155.8
|
|
50-59 |
$5,791.7 |
$1,410.6 |
$708.8
|
$326.7
|
$120.9
|
|
40-49 |
$3,402.7 |
$ 829.0 |
$531.6
|
$226.8
|
$
86.2 |
|
30-39 |
$1,210.1 |
$ 451.1 |
$267.5
|
$127.4
|
$
34.7 |
|
20-29 |
$ 383.3 |
$ 148.2 |
$78.3
|
$
25.4 |
$ 5.2 |
| Source:
The VIP Forum, Corporate Executive Board, 1998
data |
Source Scott Burns
|
