(#217) Is your Net Worth Below The National Average for Your Age?
Manage episode 406927181 series 3320629
Many investors are obsessed with Net Worth and want to know if they are on track for their age. In this episode, we review the Federal Reserves Survey of Consumer Finances which breaks down the National Average of Net Worth by age group. We also discuss how to calculate your net worth, the difference between median and mean calculations, the importance of being content, and some reasons why, the numbers come out the way they do.
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Federal Reserves Survey of Consumer Finances
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