re: Excluding home equity, the median 40-44 year old has a net worth of just $58,000

Washington Post has an article “Are You Rich?” with a calculator that allows input of any amount for net worth, along with age, marital status, and education.

When compared to the entire population, anyone with a couple of bucks is above average. But when compared to those similarly situated, (college grad, live with SO or spouse, certain age range, etc.) you get a more realistic view of where you stand.

I don’t make a ton but save a lot. My net worth is better than 95% of Americans, but better than just 75% of persons similarly situated.