What’s a great net worth by 45?

I mean...may as well go big here.

$200 million seems pretty great to me!

+ Tree Fiddy

Most 45 yr olds are in debt with mortgage/ two cars/ kids in college.

I think that depends on income. A household making $100,000 /yr lives a different life and has different wants/needs than a household making $350,000 a year. So if the benchmark is $1.5 million by 45, I doubt the 100K household raising a family could achieve that.

I don't think there is a straight answer besides the more $ you have the better off you are. It is a personal matter and it should come down to the expenses you live on vs the amount of money needed to sustain those expenses in a given timeframe while factoring in inflation.

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Most 45 yr olds are in debt with mortgage/ two cars/ kids in college.

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I'm 45 and this is basically me.

I'm definitely not worth 1.5 million at this point but it looks like I'm well above average per the link ITT. We have more equity in our house than the average 45 yr old's net worth it seems.

I’m 39 and happy with my network. Not top 1% but I’m in the middle of the next category. I expect to be at the high end of that category by 45. Starting 401ks early really helps wit( this

Click bait thread but I’ll bite. I hope to be financially independent at 45 but not necessarily retire. That makes my target quite a bit higher. All depends on how you want to define “great”…big differences between top 1% and top 25%.

Integrity

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Toyota Sequoyah

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My opinion is anything over 1.5 mm is respectable at 45.

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Respectable is underselling that. Something like 90% of people in this country NEVER have a net worth over $500,000 in their lifetime, much less 3x that by 45.

Readers of this board are the exception not the rule.

These types of benchmarks are interesting to see how to compare in general terms.

I’m above $1.5M but less than $2.2M at 46. Fluctuations in stock market so it changes daily and valuations of business assets it’s hard to get an exact figure but that’s my estimate.

A net worth of someone with $500k with a pension and social security, paid off house at 65 might be perfectly manageable to protect their lifestyle. They might be in a better financial position than someone who retires with debt, mortgage, no pension and a net worth of $1M.