Originally from this site.
"Multiply your age times your realized pretax annual household income from all sources except inheritances. Divide it by ten. This, less any inherited wealth, is what your net worth should be"
If you are just an average 22 year old fresh grad like me, it would probably look something like this:
Ideal net worth = (22 x yearly salary) / 10
Current net worth* = Savings
*Assuming you haven't bought any stocks, business, house, car, taken out any loans, etc...
If your current is more than the ideal, then hey, congratulations!
Unfortunately, I'm not even halfway my ideal net worth yet. Expect me to get back at this post in 5 years.
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huahahaha, my expectation would be..
ReplyDeletegetting it after....
let see..
4-5 years working?
hahaha