Comments on: Visualizing Net Worth By Age Group in the U.S. https://fourpillarfreedom.com/visualizing-net-worth-by-age-group-in-the-u-s/ Sharing insights on how to grow wealth and gain freedom. Wed, 16 Aug 2017 10:28:56 +0000 hourly 1 https://wordpress.org/?v=6.6.1 By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/visualizing-net-worth-by-age-group-in-the-u-s/#comment-1086 Wed, 16 Aug 2017 10:28:56 +0000 https://fourpillarfreedom.com/?p=18072#comment-1086 In reply to Mrs. Grumby.

The numbers are pretty shocking for each age group. It highlights the debt problem most Americans have. Also, I think personal finance should be mandatory in high school as well but unfortunately it isn’t for most. And thanks for the kind words! 🙂

]]> By: Mrs. Grumby https://fourpillarfreedom.com/visualizing-net-worth-by-age-group-in-the-u-s/#comment-1084 Tue, 15 Aug 2017 18:45:59 +0000 https://fourpillarfreedom.com/?p=18072#comment-1084 Wow. These numbers are astonishing, and you’ve made them so easy to understand. I don’t understand why basic personal finance literacy is not a required subject in all high schools.

Mr. G and I were just talking last night about what percentage of people our age might be where we’re at in our financial journey. Pretty amazing to see that just by sharing the FIRE dream when we got married, we quickly went from Financially Savvy to Financial Powerhouse.

Also – impressive to see that you’re already a Financial Powerhouse at 23!!

]]> By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/visualizing-net-worth-by-age-group-in-the-u-s/#comment-1080 Tue, 15 Aug 2017 10:30:14 +0000 https://fourpillarfreedom.com/?p=18072#comment-1080 In reply to SMM.

The data is unclear, but if I had to guess I would say yes, it does include home equity. Net worth is just calculated from (all your assets) – (all your debts) so I would imagine home equity is included in assets.

]]> By: Zach @ Four Pillar Freedom https://fourpillarfreedom.com/visualizing-net-worth-by-age-group-in-the-u-s/#comment-1079 Tue, 15 Aug 2017 10:29:06 +0000 https://fourpillarfreedom.com/?p=18072#comment-1079 In reply to Mrs. Picky Pincher.

I know right? I was amazed at how high up on the net worth scale you could be in each age bracket just by being debt-free. It just goes to show how serious the debt situation is for most Americans.

]]> By: SMM https://fourpillarfreedom.com/visualizing-net-worth-by-age-group-in-the-u-s/#comment-1076 Mon, 14 Aug 2017 17:32:07 +0000 https://fourpillarfreedom.com/?p=18072#comment-1076 Great chart I love it! I know there are differing opinions about this but is this chart taking into consideration your primary “home equity” in calculating net worth?

]]> By: Mrs. Picky Pincher https://fourpillarfreedom.com/visualizing-net-worth-by-age-group-in-the-u-s/#comment-1075 Mon, 14 Aug 2017 13:30:07 +0000 https://fourpillarfreedom.com/?p=18072#comment-1075 Oh gosh, this just speaks volumes about the amount of debt we’re carrying nowadays. I think too many people aren’t focusing on their net worth and instead are completely happy with having enough cash in the bank to cover bills.

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