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Started By
Message
re: Net Worth at 30
Posted on 7/28/13 at 7:25 pm to tirebiter
Posted on 7/28/13 at 7:25 pm to tirebiter
I didn't think we were discussing the the net worth of the majority, but the net worth that would be considered "great". To obtain a "great" net worth, it can be assumed that the job in each of those fields would also be exceptional. So I guess I'm talking about the top 10-25% of individuals in those fields.
2
Posted on 7/28/13 at 7:36 pm to Beerinthepocket
quote:Yep.
but the net worth that would be considered "great
Posted on 7/29/13 at 10:25 am to Beerinthepocket
quote:
I didn't think we were discussing the the net worth of the majority, but the net worth that would be considered "great". To obtain a "great" net worth, it can be assumed that the job in each of those fields would also be exceptional. So I guess I'm talking about the top 10-25% of individuals in those fields.
I would guess that less than .1% of 30 year olds have $500K net worth, that they have earned on their own. Even at the professional level - lawyers, CPAs - that is an extremely optimistic figure for so young an age.
I think people who are 40+ probably underestimate exactly how difficult the recession has been for folks just starting out in their careers.
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