2016 US Household Total Net Worth (by Age and Percentile)

Discussion in 'Politics & World News' started by stoney, Sep 14, 2018.

  1. stoney

    stoney Part of the unwashed, middle-American horde

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    You can use this chart to determine where you stand in terms of wealth compared to others in the US. (Should be a bit more useful than comparing only 401K accounts.)

    upload_2018-9-14_8-50-55.png

    The net worth includes all accounts (savings, investments, equity in the primary home, debt, etc)

    Data was compiled from the 2016 US Treasury Data via:

    ----
    The data is old, because it's Treasury data, but it's very interesting. The gap between 90% and 99% is wild. A median income earner at retirement age (65) has less money than a 90th percentile 30-34 year old.
     

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  2. jonKranked

    jonKranked Press Button, Receive Stupid

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    yo.
     
  3. stoney

    stoney Part of the unwashed, middle-American horde

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    I would honestly assume most people on this website to be in the upper 30th percentile.
     
  4. Toshi

    Toshi Harbinger of Doom

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    Huge range there. 99th percentile trust fund kids are killing it at any age.
     
  5. SkaredShtles

    SkaredShtles I love NEWCASTLE and will ONLY drink NEWCASTLE!!!!

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    90th percentile for 45-49yo.

     
  6. rockofullr

    rockofullr confused

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    Do bikes/climbing gear/skis count as wealth?
     
  7. Nick

    Nick My name is Nick

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    behind you, don't wait up.
    does this assume "household" is two earners?
     
  8. stoney

    stoney Part of the unwashed, middle-American horde

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    No. They count as poor decisions.
     
  9. rockofullr

    rockofullr confused

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    Best decisions I've ever made!!! Yeeew :headbang:
     
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  10. stoney

    stoney Part of the unwashed, middle-American horde

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    I would assume so.
     
  11. jonKranked

    jonKranked Press Button, Receive Stupid

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    just like the ///M
     
  12. stoney

    stoney Part of the unwashed, middle-American horde

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    My % shows that I'm fine to have limited bad decision making.
     
  13. jimmydean

    jimmydean The Official Meat of Ridemonkey

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    Fack...

    <edit> I just hope I don't die in a horrible accident too soon, but retirement isn't an option at this point it seems. Yay.
     
  14. jonKranked

    jonKranked Press Button, Receive Stupid

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  15. stoney

    stoney Part of the unwashed, middle-American horde

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    You've got my number.
     
  16. ALEXIS_DH

    ALEXIS_DH Tirelessly Awesome

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    dayum...
    that ramp up on the top 20% is impressive.
     
  17. stoney

    stoney Part of the unwashed, middle-American horde

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    Charted, ex-99% because it blows up the chart:
    upload_2018-9-14_10-48-33.png
    Tan is average wealth, peach is median. 90% and 99% really drag the avg way up.
     
  18. jimmydean

    jimmydean The Official Meat of Ridemonkey

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    Once I have a little more to play with, you know I might. And not to borrow any. :rofl:
     
  19. Nick

    Nick My name is Nick

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    behind you, don't wait up.
    I'm doing well.
    Even better if I consider that I don't intend to live very long.
     
  20. stevew

    stevew unique white person

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    that is what i file marriage/children under....ymmv....
     
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  21. stevew

    stevew unique white person

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    i am enjoying life now.....when im tired of the bullshit i will go into the woods and die.
     
  22. StiHacka

    StiHacka Compensating for something

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    Fucking boomers.
     
  23. SkaredShtles

    SkaredShtles I love NEWCASTLE and will ONLY drink NEWCASTLE!!!!

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    This is actually the key to being wealthy. :homer:
     
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  24. stoney

    stoney Part of the unwashed, middle-American horde

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    I can tell you what you need to do pretty easily. Knowing the target hurts. What it takes is less demoralizing.
     
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  25. stoney

    stoney Part of the unwashed, middle-American horde

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    Incorrect. Not having kids is the key.
     
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  26. Toshi

    Toshi Harbinger of Doom

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    It's easy. Just save 100% of gross income for the next 20 years...
     
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  27. Nick

    Nick My name is Nick

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    behind you, don't wait up.
    I'm on a 28% savings plan. I could be doing more.
     
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  28. stoney

    stoney Part of the unwashed, middle-American horde

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    OMG, when did the monocle show up? That is amazing.
     
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  29. SkaredShtles

    SkaredShtles I love NEWCASTLE and will ONLY drink NEWCASTLE!!!!

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    Yeah - but we're all living proof that works for SHIT. :D
     
  30. jonKranked

    jonKranked Press Button, Receive Stupid

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    we've both failed there.
     
  31. stoney

    stoney Part of the unwashed, middle-American horde

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    Twice. And @SkaredShtles took the hat trick.
     
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  32. jonKranked

    jonKranked Press Button, Receive Stupid

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    at least we don't have minivans. :cheers:
     
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  33. StiHacka

    StiHacka Compensating for something

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    Does not compute? :confused:
     
  34. jonKranked

    jonKranked Press Button, Receive Stupid

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    stoney and I each have 2 kids. SS has 3.
     
  35. Toshi

    Toshi Harbinger of Doom

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    Minivans are actually awesome. If Volvo buys back my unregisterable XC40 I might hang onto one of them (while the wife gets the other, new one). Two minivans.
     
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  36. jonKranked

    jonKranked Press Button, Receive Stupid

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    dude you're not helping your case here.
     
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  37. jonKranked

    jonKranked Press Button, Receive Stupid

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    minivans are so awesome the last time i drove one i rolled it into a ditch.
     
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  38. jonKranked

    jonKranked Press Button, Receive Stupid

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    also, what's the deal with the volvo? unregisterable?
     
  39. Toshi

    Toshi Harbinger of Doom

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    Illinois dealer has been totally incompetent in getting proper and complete registration paperwork to the DMV. I leased it May 9. I have a temp tag that expires Sept 21 and no resolution in sight.
     
  40. StiHacka

    StiHacka Compensating for something

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    :confused: