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Money Guy Show

Average Net Worth By Age in 2022!

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Business, Investing

4.73.1K Ratings

🗓️ 7 January 2022

⏱️ 56 minutes

🧾️ Download transcript

Summary

It's that time of year again - time for our annual Net Worth By Age show! In this episode, we'll discuss how the net worth of Americans changed in 2021, how much average Americans and Financial Mutants should have by age, and which parts of your net worth statement to focus on. Check out our website for more information. Subscribe on YouTube! Download FREE Financial Resources from the show Get our Net Worth Tool Now! Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It is your favorite time of year!

0:03.3

Net Worth by Agenda Money Guy Show.

0:05.4

It's Brian Preston, the Money Guy, restoring order to your financial chaos, retirement,

0:12.2

investing, taxes.

0:14.3

You've got financial questions, he's got financial answers.

0:17.9

It's Brian Preston, the Money Guy.

0:21.3

That's right Brian, this is one of the shows that we get the absolute most excited about,

0:26.6

because one of our favorite things in the world to do is to do our annual net worth every

0:30.6

year.

0:31.6

As we think about that, one of the questions we all have, I think it's just human nature,

0:35.1

is, okay, where am I?

0:36.7

How do I stack up to my peers?

0:39.1

Is there some sort of metric that could let me know, like, am I the head of the curve?

0:43.1

Am I behind the curve?

0:44.1

I don't even know where the curve is.

0:45.5

We hope through our net worth by age shows, we can give you some insight into where you

0:51.5

are and also maybe what you should be focusing on.

0:54.4

But I love about the magic that we create, Bo, is that every year it gets better.

0:59.8

That's right.

1:00.8

Right now, we're going to focus on, we're going to go through every decade and we're going

1:04.4

to tell you what you need to focus on with your net worth statement.

1:07.3

We're also going to tell you what it takes to be a financial mutant.

...

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