re: How wealthy are you?

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You are neither balance sheet nor income statement affluent Stanley and Danko argue that your total net worth alone does not tell a good enough picture of one's wealth, what matters is how much worth you can accumulate on your income considering your own age. Therefore, a 30 year old making $ 25,000 who has a net worth of $ 80,000 has more relative wealth than a 50 year old doctor making $ 200,000 a year who is only worth $500,000. The lower threshhold of WX for being balance sheet affluent is 1.84 and the upper threshhold of WX for being income sheet affluent is 0.88. If you are between 0.88 and 1.84 you are painstakingly "normal".

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