Tuesday, April 03, 2007

Ranking One's Net Worth

To monitor one's relative ranking in accumulating net worth, I found this net worth percentile calculator at HughChou.Org based on 1998, 2001, and 2004 data. I have no information that validates the results, nor does being in the higher percentiles guarantee financial security. However, it is still fun to see where one ranks.

According to the calculator, here are the approximate net worth numbers to be in the 50th and 90th percentile for each age group.
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Minimum Net Worth in Percentile
Age Group
50th
90th
20-29
$6,000
$110,000
30-39
$39,000
$300,000
40-49
$113,000
$800,000
50-59
$188,000
$1,200,000
60-69
$232,000
$1,550,000
70-79
$183,000
$1,110,000


For more on Ideas You Can Use , check back every Tuesday for a new segment.

This is not financial advice. Please consult a professional advisor.

Copyright © 2007 Achievement Catalyst, LLC

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