re: Net Worth at 30

quote:

---

I think people who are 40+ probably underestimate exactly how difficult the recession has been for folks just starting out in their careers.

---

This, I graduated and hit the work force in 1998. Had the Dotcom failure in 1999 and got hit again in 2007 with the Housing/Stock Market crash. The Gen X'ers probably enjoyed a better overall job market than todays grads but the X'ers got hit hard on other fronts. More than half my net worth was erased between my home and my investments, last year I finally got back to having an account balance in my 401 equal to what I'd actually personally contributed. Sad when one considers I've been contributing since 1998...