ilmscore | How Much Money You Should Have By Age (Average Net Worth)

How Much Money You Should Have By Age (Average Net Worth)

Predictions from this Video

Total: 6
Correct: 0
Incorrect: 0
Pending: 6
Unrated: 0
Prediction
Topic
Status
The Federal Reserve, under Jerome Powell, will lower interest rates if a social media post reaches 10,000 comments and 500,000 likes.
"if this post gets 10,000 comments and half a million likes I'll lower interest rates"
Interest Rates
Pending
A Central Bank Digital Currency (CBDC) will be launched if a social media post reaches 1 million likes.
"if it gets a million likes I'll drop my latest coin cbdc"
Digital Currency
Pending
By age 30, individuals should aim to have savings equivalent to one times their annual salary, with a minimum of $50,000 if their annual salary is $50,000.
"by the age of 30 they say that you should have saved at least one times your annual salary so if you make 50k a year by year 30 you should have at least $50,000 in some retirement account"
Retirement Savings
Pending
Fidelity's projection is that by age 30, individuals should have saved at least one times their annual salary, or $50,000 if their annual salary is $50,000, in a retirement account.
"by the age of 30 they say that you should have saved at least one times your annual salary so if you make 50k a year by year 30 you should have at least $50,000 in some retirement account"
Personal Savings Goals
Pending
Fidelity's retirement savings benchmark suggests increasing savings targets by one times annual income every five years: two times by age 35, three times by age 40, and ten times by age 67.
"every 5 years after it increases by one so by 35 twice your income by age 40 three times your annual income and so on and so forth until 67 where it jumps to 10 times your annual income"
Retirement Savings
Pending
Fidelity's savings goal progression: by age 35, save 2x annual income; by age 40, save 3x annual income; by age 67, save 10x annual income.
"then every 5 years after it increases by one so by 35 twice your income by age 40 three times your annual income and so on and so forth until 67 where it jumps to 10 times your annual income"
Personal Savings Goals
Pending