Average Net Worth In 2025 - By Age (Not What You Think)
Published: 2025-07-16
Status:
Available
|
Analyzed
Published: 2025-07-16
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 1
Prediction
Topic
Status
In 2025, reaching the top 0.1% of net worth required $22,194,000.
"And if you want to reach the top.1% in 2025, you would need 22,194,000."
Correct
An investment of $1,250,000 is projected to generate $50,000 annually in retirement income for life.
"For example, if you want your money to give you $50,000 a year in income for life without you ever working, you could do that with $1,250,000 invested."
Correct
An individual starting at age 20 can achieve the $50,000 annual retirement income goal (requiring $1.25M invested) by saving $419 per month within a Roth IRA.
"If you start at the age of 20, you'd be able to do this entirely within a Roth IRA with just $419 a month."
Pending
To be in the top 1% of net worth for individuals in their 40s, a minimum of $6.5 to $8.4 million is required.
"The top 1% requires a minimum of $6.5 to $8.4 million."
Correct
To be in the top 0.1% of net worth in 2025, $22,194,000 is needed.
"And if you want to reach the top.1% in 2025, you would need 22,194,000."
Incorrect
An annual income of $400,000 is projected to place an individual in the top 1% of earners in their 40s.
"And again, if you want to make it to the top 1%, you could do so by making $400,000 a year."
Pending
An annual income of $1,620,000 is projected to place an individual in the top 0.1% of earners in their 40s.
"or $1,62,000 a year if you want to be within the top.1%."
Pending
A net worth of $227 million or an annual income of $8.2 million is required to reach the '01%' wealth level.
"And to enter this level, you need a baseline wealth of $227 million or an income of $8.2 million a year."
Pending
Homeowners, on average, have a net worth 40 times higher than renters ($225,000 vs. $6,300).
"overall, they had a net worth that was 40 times higher than that of renters at 225,000 versus 6,300."
Correct
By age 35, net worth should be four times annual expenses or two times annual income to be on track for retirement.
"if you want to be on track for retirement, by 35, your net worth should be four times your annual expenses or two times your annual income."
Pending
Saving 10% of income allows for retirement in 51 years, while saving 40% allows for retirement in 22 years.
"For example, someone who saves 10% of their income could retire after 51 years, while someone who saves 40% could retire in 22 years."
Pending
To support an annual retirement spending of $58,000 (after accounting for Social Security and bridging the gap), an investment of $845,000 is needed, following the 4% rule.
"Assuming no health complications or unexpected life events, this means following the 4% rule, which says that you could spend 4% of your portfolio every single year without running out. You would need to have $845,000 invested in order to retire."
Pending
A net worth of $17 to $22 million is required to be in the top 1% for those in their 60s.
"And if you want to be in the top 1%, it's a net worth of 17 to$22 million, which tends to be where these numbers max out."
Pending
Aging and associated health issues are predicted to reduce spending on non-essential items like travel.
"research has shown that worsening health associated with aging reduces the need or desire for some types of spending, such as trips and vacations."
Correct
Average annual spending in retirement is projected to be $58,000, or $4,800 per month.
"The average person spends about $58,000 a year in retirement, which works out to be about $4,800 a month."
Correct