-
▼
-
▼
Have you done your Net Worth statement recently? This is one of our favorite and most powerful yearly traditions. Simply add up your assets, and subtract your liabilities, and you’ll start to get a picture of where you are financially.
In this show, we’re breaking down what your Net Worth statement should look like at your age! We’ll explain what elements you should watch out for, explore how you measure up to your peers, and show you how to improve in the coming year.
In this episode, you’ll learn:
- What part of your Net Worth statement should you focus on in each decade?
- How much does the average American have saved at each age?
- How much should “Financial Mutants” have saved at your age?
- What is the opportunity cost for your financial decisions in each decade?
Research and resources in this episode:
- Net Worth by Age Calculator for the United States in 2020 (DQYDJ)
- Income Percentile by Age Calculator for the United States in 2020 (DQYDJ)
- Here’s how much money you should have saved by 30 (CNBC)
Enjoy the Show?
Where You Can Watch and Listen:
Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:
- Episodes of The Money Guy Show every Friday
- Episodes of Making a Millionaire every other Monday
- Mini-shows every Wednesday
- Ask Money Guy Livestreams every Tuesday
- Tons of other fun content!
Free Resources
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Articles
Articles
How To Prepare for the Unexpected With Retirement
It’s extremely difficult, if not altogether impossible, to be completely prepared for retirement. No matter how much planning and preparation you do, something is bound...
Articles
Where To Invest After You Max Out Your Retirement Accounts
If you have a higher income, maxing out your Roth IRA, HSA, and 401(k) might not seem that daunting - and it may not even...
Articles
How Much Do You Need To Retire With an Average Income?
It’s easy to become discouraged if you have an average or below average income. Saving for retirement is normally more difficult with a lower income;...
Financial FAQs
Courses & Tools
How about more sense and more money?
Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.
Free Resources
Financial Order of Operations®: Maximize Your Army of Dollar Bills!
Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...
Free Resources
Wealth Multiplier By Age
If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.
Free Resources
Car Buying Checklist
Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...
Recent Episodes
It's like finding some change in the couch cushions.
Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.
Episodes
How To Actually Make Money Sports Betting
Sports betting is exploding, but 96% of bettors lose money - so are you in that 4%? We break down the real cost of sports...
Episodes
Financial Advisors Debunk TikTok Money Advice
Is TikTok's financial advice doing more harm than good? From popular rules to getting lucky in the stock market, we react to viral money clips...
Episodes
How To Be Wealthy By Age (2026 Edition)
From your first paycheck to retirement readiness, there are challenges and opportunities that vary at every age on your path to financial independence. In this...