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How Much Should Your Net Worth Be? (according to your age)

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Synopsis

Are you wondering where you stand on your wealth journey and if you're on track to achieve your financial goals? It's a question that haunts many of us as we navigate the path to financial freedom.In today's episode, I dive into the concept of net worth and break down the numbers based on age, so you can see how you measure up. I reveal the latest data from the Federal Reserve's Survey of Consumer Finances and share median and average net worth figures for various age groups. But before you celebrate or beat yourself up, I explain why these numbers only tell part of the story and why your investable net worth matters even more.Ready to gain clarity on your financial journey and take control of your wealth-building strategy? Listen to the full episode now!IN TODAY’S EPISODE, I DISCUSS: - The definition of net worth and how to calculate it- The difference between overall net worth and investable net worth- Median and average net worth figures broken down by age groupsRECOMMENDED EPISODES FOR