What Your Net Worth Should Be By Every Age (Individual)

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Alux.com

Alux.com

Күн бұрын

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@alux
@alux 6 ай бұрын
Hello Aluxers! How much do you want to be worth by the time you’re 65? Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: masterworks.art/alux Invest in yourself today, get the Alux app: www.alux.com/app
@marceluglear2962
@marceluglear2962 6 ай бұрын
Iloveyou
@mrpmj00
@mrpmj00 2 ай бұрын
Easy way I got rich and I'm gen X, started with -$22k out of college: buy stocks in Apple, Microsoft, Google, Wells Fargo.
@Russelbobby45
@Russelbobby45 3 ай бұрын
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
@TheresaDiana12
@TheresaDiana12 3 ай бұрын
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
@RandyVincent808
@RandyVincent808 3 ай бұрын
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
@AlanJuan52
@AlanJuan52 3 ай бұрын
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
@MasonRoy822
@MasonRoy822 3 ай бұрын
Many individuals report success in investing in stocks,fx, yet I continue to struggle.Can somebody help me out or advise me on what to do?
@ThomasHenry144
@ThomasHenry144 3 ай бұрын
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
@stephaneaderca7948
@stephaneaderca7948 6 ай бұрын
When I see the Alux estimates for my age group, 45-51, then I feel like patting myself on the back. I am doing well, and am at the high end, if not in the top 10%. However, the fact remains that I am single, unmarried, and will die alone and childless. My net worth is concentrated mainly in a rabbit-hutch apartment in a prestigious area of London. Yes, it's in a prestigious area, and billionaires live around me, but I am still stuck in a 1 bedroom apartment. And worst of all, I still don't have my ultimate target dream car, the car I have lived for for the last 35 years. Yes, I do have a rare collectible classic car (that I almost never see, because I am stuck in a small apartment with no garage space), but the dream of my life is still absent. Morale of the story, dollar net worth is not the entire story. Having a new worth of $1 million and living in a big house in rural Vermont, running your own business, is much more valuable than having the same net worth as a wage-slave living in a small apartment in Manhattan or London.
@alux
@alux 6 ай бұрын
Proof that you can be high net worth and still be “poor”
@JerryAgenyi
@JerryAgenyi 6 ай бұрын
@stephaneaderca7948 this is the balance this video needs. Thanks for sharing. Given how much life has dealt me, it took courage to watch the video; I figured Alux knows better so there.must be something in the video for me.
@stephaneaderca7948
@stephaneaderca7948 6 ай бұрын
@@alux Sky-high property prices in cities around the world have skewed the equation. Unless you live in the countryside (and have your own thriving business - there are no well paying job) then having $1 million means almost nothing nowadays. $3-5 million is the new $1 million, at best. Heck, a new "luxury" apartment block around the three sides of my apartment block is in the process of being finished. The "affordable" flats are £1.4 million. The most expensive apartment is £20 million. That's about $1.8 million and $25 million respectively, BTW. No, for that price, you don't even get a parking space for your collector Rolls-Royce or Ferrari. Sadly, unless you live in rural Vermont, or in any other place where property prices haven't gone insane, $1-2 million net worth no longer makes you "rich" in any sense of the word.
@aratrika100
@aratrika100 6 ай бұрын
​@@stephaneaderca7948 Can't agree more!! Moreover, a networth must calculate and quantify the "Freedom" part of the equation for those, who have it, away from the grueling 12 to 14 hours of corporate jobs or even a business, where the business is not running without their direct inputs even after 12 years of running it!!
@regulardegular5
@regulardegular5 6 ай бұрын
@@stephaneaderca7948 hello 20 year old here i wouldnt say nothing..... but yh its definitely not real money
@LivaHolst
@LivaHolst 6 ай бұрын
It's sad how difficult things have become in this recessive economy. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $450K-worth stock portfolio from decline, but haven't figured which way to go.
@instinctively_awesome8283
@instinctively_awesome8283 6 ай бұрын
Very difficult indeed, but when the going gets tough, the tough gets going. You have to learn and handle. you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows. Don't go for penny stocks. `
@tommychestnut5335
@tommychestnut5335 6 ай бұрын
Opting for a brokerage Adviser is currently the optimal approach for navigating the market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 300% since 2022
@Patriciacraig599
@Patriciacraig599 6 ай бұрын
I could really use the expertise of this advsors.
@tommychestnut5335
@tommychestnut5335 6 ай бұрын
KATHLEEN CHERYL CONSTANTZ is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
@MuradSamadov-n6i
@MuradSamadov-n6i 6 ай бұрын
I just curiously looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
@alpgeorge7012
@alpgeorge7012 6 ай бұрын
Someone said that it's time to be concerned when you start to see individuals shoplifting groceries rather than big-screen televisions, and i agree. Truth is, inflation will never reach 2% ever again, maybe in the next life, but not this one. Anyone purchasing groceries and gasoline is aware that real inflation is much over 10%; they simply lie about it like cheap blankets. In reality, interest rates would be in the 20s because of how high inflation is. But then despite the severe bear market, I am aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.
@peterpahor8228
@peterpahor8228 6 ай бұрын
Very possible! Particularly in this weak market. There are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
@caryishnagardner9429
@caryishnagardner9429 6 ай бұрын
I totally agree, it's been three years and counting, and I've made over 1.7 million by simply following a coach's advice. I was on the sidelines for a while watching, trying to determine the best time to get in, before I came across a coach, recommended by my wife. I was reluctant at first but I went ahead and contacted the coach. As a small reward for my consistency, I went on a trip to the Bahamas in the late summer. haha
@elenab3052
@elenab3052 6 ай бұрын
@caryishnagardner. My wife and i just had this conversation this morning. This is exactly how we wish to get our finances coordinated ahead of retirement. Can I get access to your advisor?
@caryishnagardner9429
@caryishnagardner9429 6 ай бұрын
sure . She's known as a 'Monica Mary Strigle '. One of the finest portfolio managers in the field also widely recognized. Just research the name. You’d find necessary details to work with
@elenab3052
@elenab3052 6 ай бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII. thank you fr saving me hours of Rschng
@Dantursi1
@Dantursi1 Ай бұрын
Newbies need to learn the ropes, know how much risk they can handle and diversify their portfolio. Some folks get help from money experts or do their homework before making investment moves. It's all about being smart with your funds.
@Derekhoffman312
@Derekhoffman312 Ай бұрын
Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.
@michaelwiebeck3
@michaelwiebeck3 Ай бұрын
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
@CindyValenti
@CindyValenti Ай бұрын
Could you kindly elaborate on the advisor's background and qualifications?
@michaelwiebeck3
@michaelwiebeck3 Ай бұрын
My CFA ’Annette Christine Conte’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@CindyValenti
@CindyValenti Ай бұрын
Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.
@DavidLucas-so8rr
@DavidLucas-so8rr 2 ай бұрын
Been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, heard some guy speaking of making over a million dollars from a $300k capital and I'm driven to ask what skillset and strategy can generate such profit??
@EthanBrown_23
@EthanBrown_23 2 ай бұрын
Avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
@Bridget-l7p
@Bridget-l7p 2 ай бұрын
Most people minimize the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm afloat. I looked for licensed advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
@Bako-b8j
@Bako-b8j 2 ай бұрын
How can one confirm a licensed advisor;,? I buy the idea of employing the services of one because finding that balance between saving and living comfortably requires maximum discipline. My goal is retiring or working less than 5 years from now. Pls, how do i get a hold of one?
@Bridget-l7p
@Bridget-l7p 2 ай бұрын
"Laurelyn Gross Pohlmeier," a well-known authority in this field. I would recommend looking into her credentials more because she has a great deal of expertise and is a great resource for anybody looking for advice on how to navigate the financial market.
@EthanBrown_23
@EthanBrown_23 2 ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@1dash133
@1dash133 3 ай бұрын
Net worth analysis fails to account for income streams. Two people with the same net worth may be in far different financial shape depending on how much income they receive (SS, pensions, etc.) and how much they spend each month. Net worth analysis fails to account for COLA that affects how far your dollar stretches depending on where you are living. Net worth analysis also fails to account for other living factors. Two people with the same net worth may be in far different social situations depending on where they reside. Two people with the same net worth may be facing much different future prospects based on health outlook. Two people with the same net worth may be facing much different personal outlooks if they have familial problems. Net worth analysis also doesn't account for overcompensation, i.e., accumulated wealth that fails to be spent. Many retirees are so caught up in saving their wealth that they fail to cash in on their hard work. They wait too long before starting to spend their money.
@wowzerspotato5104
@wowzerspotato5104 23 күн бұрын
I don't think anybody expects net worth to include these things. It's simply one way of looking at how wealthy somebody is.
@lung21
@lung21 6 ай бұрын
42 now. Net worth is around 1.3 millions. My net worth will be at least 4million at 45
@alexbob5209
@alexbob5209 6 ай бұрын
I just turned 26. Have about 175k of house equity. Plus 5k in savings plus 50k invested in the stock market. Paid off car worth about 15k. So 245k net worth at 26. Aiming for half a million by 30. I’m a first generation Guatemalan living in California. First in my family to graduate university with parents that only got elementary level schooling back in Guatemala. Let’s goooooo
@JesusRodriguez-ru3ui
@JesusRodriguez-ru3ui 6 ай бұрын
Killing it bud!! What’s your profession?
@alexbob5209
@alexbob5209 6 ай бұрын
@@JesusRodriguez-ru3ui retail store management and now commercial trucker and soon going into the medical field to do X Rays. X ray techs out here make like 65$ the hour
@thetruthsayer8347
@thetruthsayer8347 6 ай бұрын
@@alexbob5209Northern California?
@alexbob5209
@alexbob5209 6 ай бұрын
@@thetruthsayer8347 Yes Sir
@thetruthsayer8347
@thetruthsayer8347 6 ай бұрын
@@alexbob5209 is that for ct or mri?
@AngieSantacruz-ln4ts
@AngieSantacruz-ln4ts 6 ай бұрын
31yrd. I own my own car. Pay rent. No debt. No kids. 💸 💸💸💸
@YoungDirtyMexicanOfficially
@YoungDirtyMexicanOfficially 6 ай бұрын
25 no debt. my own car. just. just focusing on my rent and startig a buisness.
@AngieSantacruz-ln4ts
@AngieSantacruz-ln4ts 6 ай бұрын
I sincerely very proud of you, so young and smart! ❤️💯✅
@chrism.728
@chrism.728 3 ай бұрын
Great to not have debt, but time is ticking on having kids though... Pregnancies after age 34 are considered geriatric pregnancies which comes with a much higher chance of complications.
@AngieSantacruz-ln4ts
@AngieSantacruz-ln4ts 3 ай бұрын
Is whenever God wants, Im not rushing or think anything wrong 🥰. It is what it is ❤️💯✅
@AngieSantacruz-ln4ts
@AngieSantacruz-ln4ts 2 ай бұрын
@@chrism.728 Is whenever God wants me to have kids. I'm not rushing or worrying about it. If it happens great and if it doesn't happen is okay too. Either way this world is It's getting worse by the minute, so sometimes it is a blessing not to have kids. Thank you for your concern.
@Jose-ht2lw
@Jose-ht2lw 6 ай бұрын
Welp, im poor af
@feji_ceo
@feji_ceo 6 ай бұрын
hahaha, I can relate...
@hamodqoseem9856
@hamodqoseem9856 6 ай бұрын
Bruh I can relate
@RB-je3yj
@RB-je3yj 6 ай бұрын
I'm 49 years old net worth of $2.7 million, everything is paid off zero debt!, I drive a 2010 camry lx. Real Estate and ETFs is the best way to do it!
@micker9830
@micker9830 3 ай бұрын
Real estate, is how most people up their net worth.
@lengerer
@lengerer 3 ай бұрын
I'm similar to you, just a little younger. I shifted from property to index funds 3 years ago. Can't wait to sell my property, getting annoying with tenant issues. Etfs set and forget
@RB-je3yj
@RB-je3yj 3 ай бұрын
@@lengerer Absolutely I'm trying to sell my last 3 homes and put it all in VGT/SCHD I'm done with tenants, taxes and landlord insurance! Real Estate is for rookies!
@happylife7542
@happylife7542 3 ай бұрын
Job well done. We are 43/46. 1.7 not counting home equity or kids investment . If we do count both. We are about 2.2 only with a conservative home equity. We still have 140k on mortgage, at 2.37%, I guess we are kind of milking it lol.
@RB-je3yj
@RB-je3yj 3 ай бұрын
@@happylife7542 very nice! Keep it up!
@attaist
@attaist 6 ай бұрын
This is going to depress allot of viewers…..lol
@JaggedMercenary
@JaggedMercenary 6 ай бұрын
lol yep. And most of us non-Americans don't even earn 10% of what Americans make, so we're extremely far from these insane numbers.
@chandirap
@chandirap 6 ай бұрын
@@JaggedMercenary correct.. I just moved into a developed country from a developing country. Woahh!! So far below 😮
@PhilipDwayne
@PhilipDwayne 6 ай бұрын
NGL, I'm depressed
@chandirap
@chandirap 6 ай бұрын
@@PhilipDwayne me too man!
@linathitywakadi5169
@linathitywakadi5169 6 ай бұрын
Golden millionaire , as 19 year old South African I know I still have a long way to go.
@justsomethingtothinkabout8515
@justsomethingtothinkabout8515 6 ай бұрын
Golden! I went from a jail-cell to several homes all across America. The America Dream is still alive and well for those who understand money and true capitalism. Financial education, calculated risk and God’s mercy🙏
@Toneload11
@Toneload11 6 ай бұрын
No men that have gone through divorce lost 30%. Most have lost 70% of whatever they have worked hard to build.
@untouchable360x
@untouchable360x 6 ай бұрын
The median net worth numbers are VERY scary for the older age bracket.
@willankhatter
@willankhatter 6 ай бұрын
I reckon it's based off people who started investing early, 20's maybe 🤔
@peternguyen1911
@peternguyen1911 6 ай бұрын
The median net worth numbers for the older age bracket are indicative of age groups not being able to retire ever
@AlexClarkcompany
@AlexClarkcompany 6 ай бұрын
I'm now avoiding new purchases to avoid slipping into a bear trap. However, I'd like to know where the best investment opportunities are during a downturn. My goal is to retire comfortably on around $1.2 million.
@LouisMorganxb3
@LouisMorganxb3 6 ай бұрын
Wishing you luck! The key to a happy retirement is to live the life you choose, if you have a certain amount in mind for your retirement, it is only appropriate to work with a knowledgeable advisor to make plans.
@OscarOwenn
@OscarOwenn 6 ай бұрын
I concur that guidance should not be disregarded but rather followed. I remember a few summers ago, not long after my horrible divorce, I was in dire need of advise on investments to keep my head above water. Fortunately, I met someone with grit who greatly assisted me in growing my reserve, which despite inflation has increased from $360k to about seven figures now.
@AlexClarkcompany
@AlexClarkcompany 6 ай бұрын
nice gains there! Please share your advisor's info with me. Due to my increased income from work, I'm thinking about investing in stocks and other assets that will enable me to gradually build wealth.
@OscarOwenn
@OscarOwenn 6 ай бұрын
Leah Foster Alderman is the licensed expert I use. Just look up the name. You would discover the necessary information to deal with a correspondence to schedule an appointment.
@BaileyJames-zv2ddd
@BaileyJames-zv2ddd 6 ай бұрын
Wow, I just Googled her whole name and found her platform. Thank you very much for bringing this to my attention, I will definitely get in touch with her.
@rthelionheart
@rthelionheart 6 ай бұрын
This is both encouraging and depressing at the same time.
@CeeRiplayis
@CeeRiplayis 6 ай бұрын
I’d be retiring or working less in 5 years, and curious to know how best people split their pay, how much of it goes into savings, spendings or investments, I earn around $200k per year but nothing to show for it yet.
@iam_maryanne
@iam_maryanne 6 ай бұрын
get rid of any unnecessary purchases, especially things that cost you monthly, or better still, consider financial planning
@M.Morgan
@M.Morgan 6 ай бұрын
Right, I'm quite lucky exposed to personal finance at an early age, started work full time at 19, purchased first home at 28. Going forward, got laid off at 36 amidst covid-outbreak, and immediately consulted an advisor to stay on top. As of today, I'm barely 15% short of my $1m goal after subsequent investments.
@M.Morgan
@M.Morgan 6 ай бұрын
'Karen Lynne Chess' is the licensed advisor I use. Just search the name. You’d find necessary details to set up an appointment.
@marlene_orja
@marlene_orja 6 ай бұрын
curiously searched Karen Lynne Chess on the internet, spotted her consulting page at once, and was able to schedule a free call session. Ive seen commentaries about advisors but not one looks this phenomenal
@strandschep5749
@strandschep5749 6 ай бұрын
I invest 50% of my income and then i pay the bilss food etc. And i spend some on hobby's but the money that i have on the end of the month i use for a high savings account
@MoistDelta.
@MoistDelta. 3 ай бұрын
I had a job since I was 16 and as soon as I turned 18 started investing. I put 2k that I had saved up into Tesla shares back in 2019 and they had a crazy run in 2020 which turned my 2k into 8k. I cashed out and redistributed my earnings in other investments and a few months after that I heavily got into crypto. I made it my goal to keep at least 1k in my savings account for emergency purposes and all other money I make (aside from bill money) to be invested consistently into the stock market and crypto. I reached a peak net worth of 64k back in 2021 at the age of 20. Since I didn't cash everything out at the top the bear market came around and now I'm sitting at like 45k net worth at 23. Good news is the next bull market is happening now and by the end my portfolio should quadruple since I have significantly more money in the markets than I did last bull market. When you play the long game you always win
@bingus9803
@bingus9803 2 ай бұрын
Bro I don't think your playing the long game
@bingus9803
@bingus9803 2 ай бұрын
Also what is crypto 🤔
@denzelmagobeya
@denzelmagobeya 6 ай бұрын
For my African brothers and sisters this video ain't For us😂
@DerickLuwagila-xk9ip
@DerickLuwagila-xk9ip 6 ай бұрын
😂😂
@l.yannickd.1035
@l.yannickd.1035 6 ай бұрын
Why not? We can supercharge ours too
@homodeus8713
@homodeus8713 6 ай бұрын
Keep your poverty to yourself please.
@BrandurnPorchiga
@BrandurnPorchiga 6 ай бұрын
@@homodeus8713yeah for real this isn’t funny. We are literally the weakest link in this country. We are the most obese, least educated, and have the lowest combined net worth. This is truly sad and shouldn’t be praised at all.
@platinumgateway
@platinumgateway 6 ай бұрын
@@homodeus8713my exact comment. I'm a Caribbean/African American in 6 figures and get inspired by videos like this which propel us in the diaspora forward
@bamboojenkins8
@bamboojenkins8 6 ай бұрын
Suggesting to buy a timeshare at any age is a no-no. They are worthless and a money pit. DON'T DO IT!
@tonysilke
@tonysilke 5 ай бұрын
Taking early notes as to the importance of sound asset diversification and risk management It can’t be overstated. I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any other suggestions.
@sattler96
@sattler96 5 ай бұрын
Well the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals
@PhilipDunk
@PhilipDunk 5 ай бұрын
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
@mikeroper353
@mikeroper353 5 ай бұрын
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@PhilipDunk
@PhilipDunk 5 ай бұрын
I'm very cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "Sharon Ann Meny" I've worked with her for 9 years and highly recommend her. Check if she meets your criteria.
@mikeroper353
@mikeroper353 5 ай бұрын
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
@RA1.0
@RA1.0 6 ай бұрын
Love your content. For this video, I haven’t watched it all unlike all the other videos that I always watch till then end. Comparing yourself to others is not a recipe for mental well being. This is the most depressing video I have watched in a long time. I guess what is painful is the fact that it tells you that you are not ok if you do not fit in the category. Anyway, every other videos on this channel are gems for me. I might watch it till the end after taking a few anti depressants 😂😂😂
@njabulombuyazi5132
@njabulombuyazi5132 6 ай бұрын
This video is a rude awakening and a necessary kick up the back side to get your things in order
@Shelley_az
@Shelley_az 6 ай бұрын
I’m thankful that my parents, at age 94 and 96, can pay all their bills and pay to be cared for in their senior living facility.
@Monopolist91
@Monopolist91 6 ай бұрын
I thought this was the place future billionaires get inspired? We need a follow up video on the top 1% and .01% net worth by age.
@VeNoMoP_69
@VeNoMoP_69 6 ай бұрын
I really feel grateful to be born in a third world country in a rich family! It has given me a great headstart and I am also able to take risks without thinking much as my family is always backing me up. This type of treatment is only possible in 3rd world countries as 1st world country parents want their kids to be "independent" I support that, but I really think it's not a great idea to let your kids fear risk
@ocox8659
@ocox8659 6 ай бұрын
By all the self-confessed Golden millionaires in the comment section, Alux must have a lot of newborns and embryos as watchers 😂😂😂😂
@ihavefullsourceknowledge
@ihavefullsourceknowledge 6 ай бұрын
Right😂
@chrism.728
@chrism.728 3 ай бұрын
🤣
@TeePee-t9z
@TeePee-t9z 25 күн бұрын
They are obviously ai comments lmao 💀
@joetandingan6328
@joetandingan6328 6 ай бұрын
At age 16 to 21, you are still studying unless you are working and studying at the same time and still living with your parents. And you are saving some of your allowance not to mention that your parents are well off and are generous enough in giving you extra money.
@_king_james_23
@_king_james_23 6 ай бұрын
I'm 26 and currently employed but in the median net-worth. Is it possible to move this to top 10% within the next next two years. To do this I have to gain close to 100k
@JessicaGray-cf9qi
@JessicaGray-cf9qi 6 ай бұрын
seems like a short time but does not sound impossible to me
@marguritetheodore2194
@marguritetheodore2194 6 ай бұрын
I am in the top 10 of my age group and I literally got there in same time, so it's very possible. These tips should help. 1. Have multiple streams of income, especially passive income... It's harder to grow income when it's coming from just a source. . 2. Invest wisely... Money sitting in the bank does not grow, money not invested well is a waste. 3. Work harder and smarter, you don't improve without putting in work...
@hildredscali1754
@hildredscali1754 6 ай бұрын
How do you know what to invest in? How can you know if it is the right choice?
@marguritetheodore2194
@marguritetheodore2194 6 ай бұрын
Could be anything, real estates, stocks, bonds, anything... Just make sure you just don't buy anything but something you've looked into properly and objectively... If you don't have the time, you could use an F.A or realtor or any expert there... For me, it was stocks because it was the cheapest to get into. There are more options these days...
@user-zl5gn5lg6
@user-zl5gn5lg6 6 ай бұрын
marguritekostecki2194 Thanks. Mind telling how to access a good advisor for stocks,, i may be needing one soon
@1st-qt9ce
@1st-qt9ce 6 ай бұрын
At most of these age brackets. I simply hope to be wealthy in good health.
@ceylonlife
@ceylonlife 6 ай бұрын
Mistake @5:56 low end and high end?
@willankhatter
@willankhatter 6 ай бұрын
...and what do you exactly 😂😂🚮
@ugrrDOTnet
@ugrrDOTnet 6 ай бұрын
..do these numbers account for student loan debt?
@roshauntitus
@roshauntitus 6 ай бұрын
I was wondering the same question
@justsomethingtothinkabout8515
@justsomethingtothinkabout8515 6 ай бұрын
They should. Net worth calculates debt.
@Michael-uf1hz
@Michael-uf1hz 3 ай бұрын
Net worth is all assets minus all liabilities, so if you have 100k invested and 100k in student loans your net worth is 0.
@pauljackson171
@pauljackson171 6 ай бұрын
The numbers for 25 onwards (at least mid to high end) seem scary low for many metropolitan or city areas. Maybe is phenomenal for other parts (referring to living in the US) but find that concerning so as to weather periods of unemployment, emergencies or realistically retire. Hopefully one offsets that with rather high income(s) or ridiculously low cost of living.
@annleland6422
@annleland6422 6 ай бұрын
Using median gives a more balance picture of net worth. Really enjoyed this video. Thank you.
@The1stClassVillain
@The1stClassVillain 6 ай бұрын
Is this realistic for people in 2024 in the middle of inflation?
@alux
@alux 6 ай бұрын
Inflation only make the numbers go up.
@alhoy9146
@alhoy9146 6 ай бұрын
😂😂😂😂😂😂you are crazy 0 to 16. 20k😂😂😂
@person-ie1fe
@person-ie1fe 6 ай бұрын
Thank you Alux. I am 22 and have a net worth of $663,453 as of this morning. Much because of your content!
@micker9830
@micker9830 3 ай бұрын
The goal is to be debt free and have enough, to not worry about money that much. There is no magic number, just when you stop worrying about money, that's when you are doing good. Most people who retire, end up GAINING net worth in retirement. There are a lot of people that want you to invest and tell you, you need $2 million dollars. It's all non sense. If you are debt free and own your home, you are golden. If you get sick and need to be in a home, doesn't matter how much you saved, because it will all be gone. Better to be broke at that point and get state aid.
@moneybags7064
@moneybags7064 6 ай бұрын
does this include medical debt? or only credit card, mortgages, car payments?
@willankhatter
@willankhatter 6 ай бұрын
All debts
@robertmaxa6631
@robertmaxa6631 6 ай бұрын
So, what if you're not even at median, for the age group?
@tonioyendis4464
@tonioyendis4464 4 ай бұрын
Your net-worth is the sum of your satisfaction + peace + happiness in life.
@richj120952
@richj120952 3 ай бұрын
Wrong measure here. Of course, selling all you assets would give you part of your total wealth. But, it doesn't account for various pensions that are permanent. Social Security, Government pensions, and private pensions that go on until you and your spouse pass away also account for wealth. For that you would need to calculate what amount of money would be put in a savings account and return the income you receive from those pensions without diminishing the fund.
@DaGuitarLegend11
@DaGuitarLegend11 3 ай бұрын
Yeah I was buffoonish when I was in my early 20s. I was making more money than my friends, cause that was around 2014, I was 18 an hour working 30 hours a week. Which felt good, but I honestly ended up in jail a few times for being foolish and the hospital too. But around 24 I started changing my life. And right now I have a blog that’s getting lots of views and I’m expecting to make money from the blog this coming year, God willingly it will work.
@akashgaming8399
@akashgaming8399 2 ай бұрын
By age of 65 billionaire.
@dagnabbitwabbit
@dagnabbitwabbit 6 ай бұрын
Maybe bronze millionaire 😂
@urldroidsuperbot2139
@urldroidsuperbot2139 2 ай бұрын
Nearly 100 percent of Indians know what their net worth is. But they severely underestimate it. They know and measure real estate value, cash in bank and mutual funds, stocks, bonds etc. They leave out gold, cars and sometimes insurance policies.
@1stoptech
@1stoptech 6 ай бұрын
Is this Pre Biden or Post Biden
@zoomzoom3950
@zoomzoom3950 5 ай бұрын
I've been doing great under Bozo Biden, except for 2022; hit my highest net worth early July until last week when Kameltoe was anointed last weekend, and we had 4 down days in the market, with last Wednesday the worst market day since 2022. Friday recovered some loses, now I'm only down 5-figures for July, with three market days left in the month! last week was a good time to buy though
@ZIANNmusic
@ZIANNmusic 6 ай бұрын
Love this video keep it up
@FlipTheCatOfficial
@FlipTheCatOfficial 5 ай бұрын
So this is net of student debt and house loans and car loans ?
@akashgaming8399
@akashgaming8399 2 ай бұрын
Golden millionaire soon
@jonathansneed6960
@jonathansneed6960 6 ай бұрын
I don’t understand how this is a positive number for the vast majority of people. Does this not include student loans?
@alux
@alux 6 ай бұрын
Yes, you're supposed to pay those off and get on with your life. The purpose of the debt in the first place is to increase your salary after you graduate.
@jonathansneed6960
@jonathansneed6960 6 ай бұрын
@@alux I get that just thought it would skew the stats more is all.
@KyrstOak
@KyrstOak 6 ай бұрын
That little jingle is still shit.
@kingiam9271
@kingiam9271 6 ай бұрын
Bout to be 36 later this year. Homeowner with networth of 300k
@IlIIllllllI
@IlIIllllllI 4 күн бұрын
After watching this, I have to give a salute to my granddad. He was a self-made millionaire who started with literally nothing, no place to live, and built himself into a multimillionaire. Growing up, I remember listening to his stories about how hard life was back then. Thanks to him, our family has been able to live comfortably, even into my generation.
@davidbarber1957
@davidbarber1957 6 ай бұрын
Current net worth $316,000,000 and growing current age 65.5 🎉
@willankhatter
@willankhatter 6 ай бұрын
😂😂😂 baller
@devRabha-p4t
@devRabha-p4t 6 ай бұрын
17 year old millionaire 😅 I'm youngest millionaire in my blood line ❤
@devRabha-p4t
@devRabha-p4t 6 ай бұрын
Future became billionaire soon 🔜
@MoistDelta.
@MoistDelta. 3 ай бұрын
How did you make your money?
@devRabha-p4t
@devRabha-p4t 3 ай бұрын
@@MoistDelta. By stock market
@MoistDelta.
@MoistDelta. 3 ай бұрын
@@devRabha-p4t I didn't know you can invest in the stock market as a minor
@TransformwithHendrix
@TransformwithHendrix 6 ай бұрын
Age 27 but savings 20000😅😅
@adm5893
@adm5893 6 ай бұрын
No mention of student loans. Boo😢
@richlandzee8686
@richlandzee8686 3 ай бұрын
You know what Alux should have done? Do NOT count your primary residence as part of your net worth then tell me how they do. Your primary home is for you to live it and its not that liquid. Another point I want to make it is are you a traditional 401k/IRA or a Savings+Roth 401k/IRA millionaire? Remember, you owe Uncle Sam a piece of that huge pie if you go a spending spree on the former when you retire. I would rather be a $300k home+$2.2 million Roth 401k/IRA millionaire than a $1.2 mil home + $1.3 million traditional 401k millionaire.
@r.s.334
@r.s.334 6 ай бұрын
Is this per household or per person? Either way $3M for a 57 y.o. has got to be richer than 10% if it is for singles.
@shonkylovesgaming1766
@shonkylovesgaming1766 6 ай бұрын
Thanks for the benchmark ! Desperately needed it.
@DebeaumontCadiz
@DebeaumontCadiz 6 ай бұрын
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
@QuentinHufton
@QuentinHufton 6 ай бұрын
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
@SchmelterEdeker
@SchmelterEdeker 6 ай бұрын
Same, I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Lisa Annette Robinson, has been an amazing experience.
@Carlosilpso11
@Carlosilpso11 6 ай бұрын
I'm favoured, $90K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America,, all thanks to Ms Lisa Annette 😊🎉
@LysterCushard
@LysterCushard 6 ай бұрын
Good day all👍🏻 from Australia 🇦🇺. I have read a lot of posts that people are very happy with the financial guidance she is giving them ! What way can I get to her exactly ?
@SsssDddd-jb2cs
@SsssDddd-jb2cs 6 ай бұрын
Such information we don’t get from must KZbinrs, how can I get to her. ?
@peternguyen1911
@peternguyen1911 6 ай бұрын
The median net worth of the older age groups tell me most Americans will never be able to retire comfortably
@elimika8892
@elimika8892 6 ай бұрын
Hongereni sana hii ni super super interview Asanteni . mi niko serious na kilimo am proud of it licha ya changamoto zake 🎉
@KamaraWehnes
@KamaraWehnes 6 ай бұрын
*Hallelujah 🙌🏻!!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49,000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11,000 and got my payout of $290,500 every month…God bless Mrs Christy Fiore ❤️*
@FredwoodLogan
@FredwoodLogan 6 ай бұрын
Thanks to my co-worker (Alex) who suggested Ms Christy Fiore.
@MartinezLarge
@MartinezLarge 6 ай бұрын
Can I also do it??? My life is facing lots of challenges lately
@HarryKane-dn6vr
@HarryKane-dn6vr 6 ай бұрын
I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of KZbin videos about it but I still find it hard to understand
@DorothaIsabelle
@DorothaIsabelle 6 ай бұрын
Hallelujah God is still working wonders,I place myself in position for such miracle.The best thing I've seen today on KZbin thanks a lot..
@PeterLewis-lt4iy
@PeterLewis-lt4iy 6 ай бұрын
May God bless Christy Fiore services,she have changed thousands of lives globally
@gchime
@gchime 5 ай бұрын
Are these numbers per person or per couple?
@Iamlegend-94
@Iamlegend-94 Ай бұрын
I’m way ahead 😅 30 networth of 230k
@0501245
@0501245 5 ай бұрын
I am f$&ked 😂😂😂
@JPointBelieve
@JPointBelieve 6 ай бұрын
This only matter for usa. How can we convert it to other nation
@thejempire7302
@thejempire7302 6 ай бұрын
Awesome work alux.
@Photoshopuzr
@Photoshopuzr 6 ай бұрын
Never heard of that before but Golden for sure.
@Bwilli1990
@Bwilli1990 6 ай бұрын
This probably is the reason why I will retire in my ancestral country people who have 5 million in cash still can’t retire that is insane.
@bryanburke7947
@bryanburke7947 3 ай бұрын
I smell alot BS .
@LeGenda-2400
@LeGenda-2400 11 күн бұрын
Have you ever wonder why since decades ago people always say that we are in the middle of economic crisis every time we talk about money?
@mavriik4009
@mavriik4009 6 ай бұрын
Welp.... got some catching up to do then. Let's get to it.
@mintchevvv1834
@mintchevvv1834 3 ай бұрын
20k at under 16? wtf 😂😂
@jethroibarrola
@jethroibarrola 6 ай бұрын
My networth is -$3,000
@michaelbatts7149
@michaelbatts7149 6 ай бұрын
By 65, millionaire status!
@karthikhq
@karthikhq 6 ай бұрын
I am a golden millionaire with a net worth in the top 5%.
@Bethel485
@Bethel485 6 ай бұрын
*Quick Survey #13:* For your shared investing ideas, what do you think will be the next Apple/Microsoft in terms of growth?
@herbertAnderson534I
@herbertAnderson534I 6 ай бұрын
None for now. It's getting harder to predict market trends post covid, the market can go down anytime and eat your whole deposit.. Sadly, 0% rates pushing everyone back into the market.
@user-zl5gn5lg6
@user-zl5gn5lg6 6 ай бұрын
I mean no disrespect but you are wrong... Believe it or not, the market isn't as bad as some people have made it look... Companies are making record profits... As a beginner investor who knows next to nothing, I have made over $30k net profit in a few months... I was retrenched recently, and I am using these resources to keep body and soul together.
@herbertAnderson534I
@herbertAnderson534I 6 ай бұрын
Hi Mr. Anthony, your profit margin is quite impressive for a beginner. Good for you!!!! can you share your spreadsheet or investing journal?? inadvertently, i sold a boatload of my portfolio recently.
@user-zl5gn5lg6
@user-zl5gn5lg6 6 ай бұрын
I have never drawn up a spreadsheet or trading journal, it's of no relevance to me... I simply follow Kelly Matwick's investing instructions and guidance... You can look her up she's a certified FA.
@Mrcarlson_E
@Mrcarlson_E 6 ай бұрын
Tsla has beaten both Apple and Microsoft in 3 months, 6 months, 1 year, 5 years and 10 years charts. BTW, kelly Matwick is by far my favorite female advisor because of her honesty.
@butziman4990
@butziman4990 6 ай бұрын
21 yo top 10% is 65k and 25yo top 10% is 100k?? i dont think thats real
@BrandurnPorchiga
@BrandurnPorchiga 6 ай бұрын
4 years to grow 65k to 100k while investing income? That’s i insanely doable what do you mean?
@bradebronson8835
@bradebronson8835 6 ай бұрын
How to tell someone they're broke in 15 different age brackets.
@big-d7756
@big-d7756 5 ай бұрын
Your primary home isnt an asset. Its a store of value for most. Assets put money in your pocket constantly. Home cost you and most people do good to break even after all costs calculated. Interest, taxes, repairs and renovation, insurance and property maintenance.
@bartman5076
@bartman5076 6 ай бұрын
Oh wow I’m 27 and my net worth just past 250k a few days ago I guess I’m on the right track. I hope to scale it to at least $1M when I get to my 30’s
@austinhill4484
@austinhill4484 3 ай бұрын
I like how I went from top 10% at age 28 to still in average at age 31 while my net worth is still growing
@timothylatricewoods8560
@timothylatricewoods8560 6 ай бұрын
GOLDEN...66
@Angel-m6z
@Angel-m6z 6 ай бұрын
Is it monthly earning or yearly
@hamodqoseem9856
@hamodqoseem9856 6 ай бұрын
I'm 25 but financially I'm between 0-5 years old cause my net worth right now is $0-$5
@GenerallNP
@GenerallNP 6 ай бұрын
Message from this video is that I need a wake up call lool
@abdelmajidelaissati9704
@abdelmajidelaissati9704 6 ай бұрын
3 miljoen euro at 65 inschallah
@jcguy777
@jcguy777 Ай бұрын
I want to be worth at least $500 Billion by the time I am 65 years old. I already lost at the game of life, and is restarting at the age of 35. Some 15-20 year olds have more money than me. Haha.
@jimj2683
@jimj2683 Ай бұрын
Same
@KailashMeda-oo8ic
@KailashMeda-oo8ic 6 ай бұрын
Buying AMS69X Today Is Like Buying Bitcoin 12 Years Ago!
@realgabrielflandes
@realgabrielflandes 6 ай бұрын
For the boomers who are not aware, this is a bot. Do not invest in AMS69X it is a scam.
@jamesp8459
@jamesp8459 6 ай бұрын
More like paying for dirty air
@Forbiddenknowledge-eb4vo
@Forbiddenknowledge-eb4vo 6 ай бұрын
Thanks to alux I look broke then a homeless but still in top 10%😂❤
@justsomethingtothinkabout8515
@justsomethingtothinkabout8515 6 ай бұрын
🤣
@ricksimpson5788
@ricksimpson5788 6 ай бұрын
I didn't need this video to confirm that I'm not worth shit
@user-df2uu3qp3y
@user-df2uu3qp3y Ай бұрын
*30 years old 70 million net worth. feeling proud!*
@somerandomfella
@somerandomfella 6 ай бұрын
I'm broke af so my mrs will be taking half my debt 😂
@aljanbaritos9250
@aljanbaritos9250 6 ай бұрын
I liked her video because she mentioned Philippines.
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