No two people’s finances are the same, however, it is always a good idea to have a gauge of where your personal finances should be. In many cases, people take a look at their net worth and compare it to others their age to figure out how much they should have stashed away. Knowing where your finances should land by using a net worth calculator or comparing net worth by age, you can make a plan to get your finances on track.

Using the Net Worth Calculator

The figure of $100,000 is a nice round number, but if your annual income isn’t a flat number like that, it may be more difficult to figure out what you should put away. Using a net worth calculator like the one above can help you determine how much your net worth should be.

For instance, if someone is 26 years old making $55,500 per year, they should have some cash stashed away. The average net worth of someone that age making that amount sits around $144,300. Enter your information to see if you’re on track for your net worth based on your current financial situation.

Expected Net Worth Calculator


you are a (UAW) Under Accumulator of Wealth
you are an (AAW) Average Accumulator of Wealth
you are a (PAW) Prodigious Accumulator of Wealth

Where Should Your Wealth Be?

A good rule of thumb when it comes to your net worth is you should have twice your annual income by the time you are 40. By the time you turn 50, you should have four times your annual income saved or invested.

So, if your annual salary is $100,000 you should have a net worth of $200,000 by the time you are 40 and $400,000 by the time you are 50. While this may seem a bit aggressive, going by this “rule” will help you stay on track for retirement (meaning you’ll actually be able to retire).


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