Calculations Archive

  • What should your Net Worth be? Net worth by age and by income.

    Tweet I’ve been re-reading The Millionaire Next Door lately (what!? it’s an annual tradition), and I’ve been revisiting the idea of net worth benchmarks. To read the Wikipedia Notes on the book, check out their “The Millionaire Next Door” summary here. WHAT IS “NET WORTH” […]

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  • Calculating your net worth..

    Tweet Trent made a great point about The Millionaire Next Door and their calculation of what your net worth should be at certain points in your life. Target Net Worth = Age X Annual Pre-Tax Income / 10 So, let’s say I’m a 23 year […]

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