Honestly an ideal net worth for 21 is actually somewhere above -30000.

How much should my net worth be. The average net worth for Americans between the ages of 55 and 64 is 1175900 and the median is at 212500When you reach 60 your net worth should be six times your yearly salary. Its not for everyone nor should it be. What Will Your Retirement Look Like.

There arent any rules explaining how much your net worth should exist in home ownership but the general percentage should be from 20 to 30 percent. How much net worth should be in your home. To be considered rich or in the top 1 of wealth for Americans you should have approximately 10 million.

You can increase that number in other ways too. The key however is to balance overall financial goals with desired lifestyle. For the purposes of moving forward with the article we will assume a net worth of 0.

What Should Your Net Worth Be at 60. However whether or not this is possible for you depends on your income and expenses. According to the latest figures from Fidelity the average 401 k.

180000 for ages 55-64. So if your salary edges up to 80000 in your 30s then by age 40 you should strive for a net worth of 160000. However most financial advisors recommend a sustainable withdrawal rate of around 5 so a nest egg of 14m would provide a yearly income of roughly 71000 providing you with a lifestyle.

But simple math doesnt lie. I agree that 100 hours a year is not alot but I personally have a somewhat different view than some of the very well considered other answers. Heres the average and median net worth by age.