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29 Mar '24How Much Wealth Should You Have by Age 50?
Continue readingAt age 50, individuals stand at a significant crossroads in their financial journey, with many starting to actively consider retirement. Assessing your wealth at age 50 is critical for securing a comfortable future. Let’s embark on this exploration of financial fortitude, guided by the wisdom of a couple of expert sources and some thoughts from […]
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15 Nov '23Net Worth Growth – Financial Voyeurism Part 4
Continue readingWhat has the typical family net worth growth been over time in the United States? Are you accumulating assets faster or slower than your age group peers? And what has the impact of recent inflation been on household net worth? The Federal Reserve Board’s Survey of Consumer Finances (SCF) is conducted every three years. It […]
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08 Nov '23Household Net Worth – Financial Voyeurism Part 3
Continue readingFinancial curiosity often leads us to ponder how our finances compare to those of others. Are we accumulating assets faster or slower than our peers, and how does our household net worth measure up to the national average? In this third part of our series on financial voyeurism, we delve into the intricacies of net […]
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01 Nov '23Net Worth by Age in the U.S. – Financial Voyeurism Part 2
Continue readingThe household net worth in the United States varies significantly across different age groups. Understanding the average net worth of households at different stages of life is essential for financial planning; and makes for good financial rubbernecking. To gain insights into this complex topic, we turn to the Federal Reserve’s Survey of Consumer Finances (SCF), […]
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16 Aug '23How Much Wealth Should You Have by Age 55?
Continue readingToday, we’re focusing on a pivotal age: wealth at age 55. At this stage of life, you’ve likely been building your financial foundation for decades. It’s important to gauge your progress, compare your wealth, and evaluate your investments to ensure a secure retirement. Let’s dive into what you should have accumulated by age 55, keeping […]
