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Old 01-27-2018, 02:26 PM
 
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I don't really understand the min/max age thing. I just left it from 18 to 100 and got 72%. I'm 30.
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Old 01-27-2018, 02:32 PM
 
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90% at 66, according to this calculator—without counting NPV of pension, auto, or household goods.
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Old 01-27-2018, 02:35 PM
 
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What I'm worth is on average higher than most places. Unfortunately I live in one of the most expensive cities in the world and it means nothing if I plan to live here for the rest of my life.

If a retired person living in NYC is worth 1Million, it's not that impressive compared to a person worth 1M in Detroit. He can go very far with 1M in Detroit vs NYC.
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Old 01-27-2018, 02:38 PM
 
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50%. 53, single, healthy, no responsibilities or liabilities and live in my daughters garage shoveling money into the bank. Great job too.
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Old 01-27-2018, 02:53 PM
 
Location: DFW
40,933 posts, read 48,987,706 times
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Quote:
Originally Posted by GummyShark View Post
I don't really understand the min/max age thing. I just left it from 18 to 100 and got 72%. I'm 30.
If you are 30, plug in 28-32 and see where you land. You're not comparable to 20yo's or 65yo's.

Find your age bracket for comparable people.
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Old 01-27-2018, 03:03 PM
 
Location: Central IL
20,726 posts, read 16,263,579 times
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Quote:
Originally Posted by Scrat335 View Post
50%. 53, single, healthy, no responsibilities or liabilities and live in my daughters garage shoveling money into the bank. Great job too.
Keep shovelin' and you'll eventually make it out of the garage.
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Old 01-27-2018, 03:10 PM
 
4,043 posts, read 3,751,710 times
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Quote:
Originally Posted by Rakin View Post
If you are 30, plug in 28-32 and see where you land. You're not comparable to 20yo's or 65yo's.

Find your age bracket for comparable people.
Oh, I see. That put me in the 94.6%. That number doesn't mean anything to me though. I still feel broke. But the comments of people trashing each other below are pretty funny.
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Old 01-27-2018, 03:18 PM
 
Location: Sedalia, CO
277 posts, read 304,792 times
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Lol - 100%

27 year olds must really not have their crap together.
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Old 01-27-2018, 03:39 PM
 
2,741 posts, read 1,765,022 times
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Originally Posted by mathjak107 View Post
but it is not about overall economic well being , it is about "net worth "

otherwise lets all count future income from our jobs if you want to include income and not net worth . .
The job requires future services - you can be fired/laid off - have your salary cut, etc. Pensions, SS and SPIA's just need you to be alive.
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Old 01-27-2018, 04:21 PM
 
106,148 posts, read 108,118,136 times
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Originally Posted by SuiteLiving View Post
The job requires future services - you can be fired/laid off - have your salary cut, etc. Pensions, SS and SPIA's just need you to be alive.
You have longevity risk vs job market risk. Both do not belong in a net worth calculation. Net worth refers to assets that can actually be sold and you get cash in hand.

We don't calculate in future market gains either nor the house being paid off someday.

Eventually you just lose all purpose by trying to keep padding the numbers
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