The linked article may have been posted somewhere on ER before, but I think it deserves a subject heading, as it discusses numbers from many different different viewpoints, comparisons and definitions. Some of which are:
Date of statistics
Household, Individual,
Household head, single male, female
Average, Median, Mean
Age
Retired or working
With or without home equity
Quintiles
Since there are no national statistical standards, it's easy to misunderstand the frame of reference for many of our threads...
for instance..."I don't include my house as part of my net worth, as I expect to have to have a place to live". Interesting to compare, when the home is worth $300K.
Before you read the article, memo to self... the average net worth of a 65 year old retiree is: ?
https://wallethacks.com/average-net-worth-by-age-americans/#Net-Worth-with-and-without-Home-Equity
And... if that's not enough,... some interesting views on
"The Average Net Worth For The Above Average Person"
https://www.financialsamurai.com/the-average-net-worth-for-the-above-average-person/
Date of statistics
Household, Individual,
Household head, single male, female
Average, Median, Mean
Age
Retired or working
With or without home equity
Quintiles
Since there are no national statistical standards, it's easy to misunderstand the frame of reference for many of our threads...
for instance..."I don't include my house as part of my net worth, as I expect to have to have a place to live". Interesting to compare, when the home is worth $300K.
Before you read the article, memo to self... the average net worth of a 65 year old retiree is: ?
https://wallethacks.com/average-net-worth-by-age-americans/#Net-Worth-with-and-without-Home-Equity
And... if that's not enough,... some interesting views on
"The Average Net Worth For The Above Average Person"
https://www.financialsamurai.com/the-average-net-worth-for-the-above-average-person/
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