Keeping track of your annual net worth is an extremely important tool in tracking where you’ve been, where you’re at, and where you’re going. It’s the one metric that tells you, at a single point in time, if you are closer to accomplishing your financial goals or further away. We have a

Great article Daniel and thanks for the challenge at the end on being in top 25%. The advice on an annual net worth statement is very good. I started doing that on a piece of notebook paper once a year in my working years and continue to do it now in retirement. What gets measured improves.

Thank you for your article Daniel, great information to know where I am with respect to others of the same age, only question I have is about the net worth formula displayed, isn't Net Worth [everythin you own] - [everything you owe], income is not part of that equation right?

I suspect that within age groups, NW is not a bell curve but more like two humps, those doing well and many more not doing so well. And that this spread appears at each age. There does seem to be an ever increasing gap between the wealthy and the poor. So many headlines about debt, no saving, etc. but then one sees soo much wealth. Folks can afford housing/rent, but house prices keep going up??? So without more detail, I doubt these overall stats are really telling the true story.

Thanks as usual Daniel! Very insightful. Question - how do you define "by the time you reach your 30s"? Does this mean someone who reaches 30 years old or 39 years old? If I just turned 30, should I be focused on the 20s or 30s region? In the Americans in the 30s infographic, what is the median age compared to the median net worth?

## Net Worth By Age in 2023: How Do You Stack Up?

Great article Daniel and thanks for the challenge at the end on being in top 25%. The advice on an annual net worth statement is very good. I started doing that on a piece of notebook paper once a year in my working years and continue to do it now in retirement. What gets measured improves.

Thank you for your article Daniel, great information to know where I am with respect to others of the same age, only question I have is about the net worth formula displayed, isn't Net Worth [everythin you own] - [everything you owe], income is not part of that equation right?

I suspect that within age groups, NW is not a bell curve but more like two humps, those doing well and many more not doing so well. And that this spread appears at each age. There does seem to be an ever increasing gap between the wealthy and the poor. So many headlines about debt, no saving, etc. but then one sees soo much wealth. Folks can afford housing/rent, but house prices keep going up??? So without more detail, I doubt these overall stats are really telling the true story.

Thanks as usual Daniel! Very insightful. Question - how do you define "by the time you reach your 30s"? Does this mean someone who reaches 30 years old or 39 years old? If I just turned 30, should I be focused on the 20s or 30s region? In the Americans in the 30s infographic, what is the median age compared to the median net worth?