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Net Worth at 30
Posted on 7/28/13 at 2:03 pm
Posted on 7/28/13 at 2:03 pm
Based on the perfect salary thread... What is a "good" and "great" net worth for someone at 30?
Posted on 7/28/13 at 2:21 pm to Fat Bastard
That was the perfect answer for that question in my HUMBLE opinion.
Posted on 7/28/13 at 2:25 pm to Doc Fenton
any less than $1.5M and you should consider your life a failure.
Posted on 7/28/13 at 2:40 pm to nolanola
Depends where you are in your career.
My net worth is a about one year of my gross income. I feel that I am further than most.
My net worth is a about one year of my gross income. I feel that I am further than most.
Posted on 7/28/13 at 2:40 pm to nolanola
If somebody went to med school, law school, or got a PhD, then they would probably be doing well to get to a net worth of ZERO by that point.
Getting to $300k net worth by 30 would probably be considered "great" based on prior threads on this board.
Here is an interesting blog post that theoretically suggests "the average net worth of the above average person" as $240k at 30. LINK. I would consider that number to be way more than just "good".
I would think almost anyone could have $100k by 30 if they started a career around age 21 or before and were somewhat diligent in their finances (or super diligent with a low income).
Getting to $300k net worth by 30 would probably be considered "great" based on prior threads on this board.
Here is an interesting blog post that theoretically suggests "the average net worth of the above average person" as $240k at 30. LINK. I would consider that number to be way more than just "good".
I would think almost anyone could have $100k by 30 if they started a career around age 21 or before and were somewhat diligent in their finances (or super diligent with a low income).
Posted on 7/28/13 at 3:22 pm to Bayou Tiger
quote:
Here is an interesting blog post that theoretically suggests "the average net worth of the above average person" as $240k at 30.
well frick
As someone who just finished their PhD and is just about to start their career at 29 I know I won't be hitting that number.
Posted on 7/28/13 at 3:31 pm to The Easter Bunny
Yeah that number seems astronomical when looking at most of the people I know at that age.
Posted on 7/28/13 at 3:34 pm to Bayou Tiger
Good posts. Seems high for "normal", but I was going to say $200k-$300k would be doing well.
Posted on 7/28/13 at 4:32 pm to Bayou Tiger
quote:
Getting to $300k net worth by 30 would probably be considered "great" based on prior threads on this board.
2 percent of 30 year olds have that.
Posted on 7/28/13 at 4:42 pm to Bayou Tiger
quote:
I would consider that number to be way more than just "good".
I agree. Especially in Louisiana. The salary for my career certainly lags down here compared to most other parts of the country. But I enjoy the lower cost of living and less debt.
Posted on 7/28/13 at 4:43 pm to LSUtigerME
I'd agree with the $300k networth number.
Edited due to bama thinking I was being a dick. My apologies.
Edited due to bama thinking I was being a dick. My apologies.
This post was edited on 7/28/13 at 5:12 pm
Posted on 7/28/13 at 4:54 pm to Beerinthepocket
Well shite if we are counting family stuff I'm a multi millionaire.
You should state the networth you have acquired alone in relation to your income to add substance to the thread or this is just a dick measuring contest
You should state the networth you have acquired alone in relation to your income to add substance to the thread or this is just a dick measuring contest
This post was edited on 7/28/13 at 4:56 pm
Posted on 7/28/13 at 4:56 pm to I Love Bama
quote:
Well shite if we are counting family stuff I'm a multi millionaire.
im with bama,right? this guy's showing off here, i dont care my penis is still bigger and I date an OT 12
This post was edited on 7/28/13 at 4:58 pm
Posted on 7/28/13 at 5:15 pm to I Love Bama
Sorry, didnt mean to sound that way. Wasn't counting anything I don't have legal ownership of.
All things aside I enjoy your and big fella's posts so I was disappointed to see y'all saw it that way.
All things aside I enjoy your and big fella's posts so I was disappointed to see y'all saw it that way.
Posted on 7/28/13 at 5:36 pm to nolanola
quote:By 30 a professional should be somewhere around 1/2 million dollars net worth.
What is a "good" and "great" net worth for someone at 30?
Double that by 40, double again by 50 and double again by 60, IMO.
Posted on 7/28/13 at 5:37 pm to Beerinthepocket
I wasn't trying to be a dick.
Posted on 7/28/13 at 5:39 pm to nolanola
Mine was about 150-200k at age 30. But had only been working for 4 years and the wife for 4 years and had two kids. But zero school debt from med school and pharmacy school.
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