What is your net worth percentile for your age?

[meatface]

I found this fun little tool, which gives you the percentile of your net worth for your age. I'm guessing it's made an appearance here in the past, but it's new to me so let's play!

If you input your age (for the "starting" and "ending comparison age" just put in the same number for each) and your net worth (I'm married so I used my family net worth), then it will tell you your net worth percentile for your age. This is much more specific percentile info than other net worth calculators that I've seen.

Since the data is actually from 2013 and I'm married, I'm going to use the age of the older spouse (between my spouse and I) to make the result slightly more fair.

As Mustachians, I assume that we'll have a high percentage of votes above the 50th percentile (for our respective ages), but it will be interesting (and we should be proud) to see how well we actually save. 

EDIT NOTE: Since the data is from 2013, I also input our average age in 2013 and our net worth in mid-2013 and got the same percentile even though the net worth number was less than half of today. But for the sake of this poll, please default to today's age & net worth unless you note otherwise.

EDIT UPDATE: With well over 500 responses, it appears that the vast majority of Mustachians are in the 80th percentiles or better. Amazing!

[Raenia]

So close!  I'm apparently at 89.59 percentile - but I'd need another 35k to hit 90.  The curve gets awfully steep out here :)

[I'm a red panda]

I got 96.6% using my household net worth.  (Which is what the calculator says it is designed for, not individual.)
But if I split it in half, for my "share", I got 94.4%.

[jambongris]

The median value is pretty depressing; $14k for 31 year-olds.

[TartanTallulah]

Low 80s, if I use the current exchange rate to translate my GBPs to dollars.

I don't ever expect to crack 90%.

[meatface]

So close!  I'm apparently at 89.59 percentile - but I'd need another 35k to hit 90.  The curve gets awfully steep out here :)

I'd round up ;)

[Barben]

So close!  I'm apparently at 89.59 percentile - but I'd need another 35k to hit 90.  The curve gets awfully steep out here :)

I'd round up ;)

I was 78.65% and rounded down.  I tried increasing the age to see where I should compare in 5 years, and the curve seems flatter than I would have thought for age increases.  I guess there isn't much saving going on in peoples' late 20s.

[PoutineLover]

64th percentile for me, but it would be 82nd if I hadn't had all those student loans to pay back.. Catching up though!

[Channel-Z]

Being a low-income guy, I was surprised to see myself in the 72nd percentile. The medians are depressing.

[pachnik]

I was at 77% so rounded up to 80%.  Pretty good considering late start + middling income.

[bpobst]

94th here at age 28.

Makes me feel better about just quitting my 100k job for a 25k job that will make my family a lot happier.

[Vegasgirl]

What's crazy is there is an actual negative percentile for my age of 48. It says 10% at my age are in the negative !!! Yikes !!

[Saskatchewstachian]

95.8% after converting CAD to USD.

I'm suspect on the upper ranges though as whether I use CAD or convert to USD it gives me the exact same percent, and I highly doubt that a 30% swing in NW would still come out to exactly 95.8%.

[zinnie]

I'm the 1%, apparently. Whether I put in my liquid NW or NW including home equity, I get 99.75%.

At 33. At 34, I drop to 96.44%.

Median NW for my age is $22k. Explains why everyone's jaws dropped when I said I was taking a few months off work before looking for a new job.

[I'm a red panda]

What's crazy is there is an actual negative percentile for my age of 48. It says 10% at my age are in the negative !!! Yikes !!

I accidentally put in $0 and it told me, at age 35, that I was in the 11%. 

[Bracken_Joy]

Holy cow. 91.97% at (late 20s). That's for household. At half that (individual), then I'm 82%.

Having a $0 net worth puts you in the 30th percentile for my age. Jesus. OTOH, I was negative until like 2 years ago, so I can't say I'm too surprised.

Fascinating tool, thanks for sharing! I hadn't seen that before.

[Gimesalot]

I ended up at 97% at 33.  I don't really know if that is accurate since I included the Zillow "value" of my house and that may be completely wrong.

[geekette]

Very strange jump between 56/57/58.  The 90% goes from 1.2m to 1.9m to 1.3m. 

[meatface]

I'm the 1%, apparently. Whether I put in my liquid NW or NW including home equity, I get 99.75%.

Well, for your age, yes, though not part of this 1%. YET!

[PDXTabs]

What's crazy is there is an actual negative percentile for my age of 48. It says 10% at my age are in the negative !!! Yikes !!

I'm 34 and it says that the 20th percentile is 0, and the 10th percentile in -$14.5k. I'm just below the 80th percentile at 78.68%.

[simonsez]

I have a fairly high percentile but I think this is more an indicator of how bad our society financially than how good I am doing (I'm certainly not doing that great IMO).

[soccerluvof4]

97%..Interesting to know

[FireHiker]

I averaged our ages since we're 11 years apart, but OMG it is 93.88% if I include our home equity. If I look at just liquid NW it is still 85.62%. That makes me weep for the rest of our society.

[SisterX]

Wow. Just wow. I keep thinking we're doing terribly, because we still have student loans (going to be completely paid off next month) and most of our investments are in our 401ks. Also, I don't think of my house as an "investment", it's our residence, so I think of the mortgage as a liability without ever thinking of the value of the property as being a positive to our net worth. I was more shocked to calculate our net worth than I was to see what percentile we are. (High 80s.)

I did the age range of 30-35. We should be up in the 90th percentile by the time I, as the older spouse, actually hits 35 early next year.

[retired?]

I averaged our ages since we're 11 years apart, but OMG it is 93.88% if I include our home equity. If I look at just liquid NW it is still 85.62%. That makes me weep for the rest of our society.

Also makes me worry that tax law will change at some point to take more accumulated wealth.  As pointed out on other streams, Obamacare subsidies, assuming system isn't completely overhauled, will def be based on assets as well as income at some point.  i.e. someone will realize that a family with 1M in assets but 35k in income doesn't need subsidizing.

One other comment on this tool.  The number of respondents for a single age is only 100-150.  Not nearly enough to measure upper or lower percentiles accurately.  I'd recommend using a small age band around your own age.  And, as for being 2013 data, the upper percentiles should be skewed even higher (given more likely to have more $$ invested during the run-up) if entering current NW.

[retired?]

I thought it would also be neat to compare against "traditional retirement age people", so I put in start age 63, end age 70.

It went down from 96 to 89%-tile.......but, still a nice feeling.

[mm1970]

I got 96.6% using my household net worth.  (Which is what the calculator says it is designed for, not individual.)
But if I split it in half, for my "share", I got 94.4%.

Same here.  96.something for household, 91.something if I cut it in half.

[rab-bit]

In the comments below the tool the author of the tool notes that you can convert 2017 dollars to 2013 dollars by dividing by 1.06. Doing it this way I got 92.05% for my wife and I together and 81.54% for just me when I cut our NW in half.

[mm1970]

I averaged our ages since we're 11 years apart, but OMG it is 93.88% if I include our home equity. If I look at just liquid NW it is still 85.62%. That makes me weep for the rest of our society.

Also makes me worry that tax law will change at some point to take more accumulated wealth.  As pointed out on other streams, Obamacare subsidies, assuming system isn't completely overhauled, will def be based on assets as well as income at some point.  i.e. someone will realize that a family with 1M in assets but 35k in income doesn't need subsidizing.

One other comment on this tool.  The number of respondents for a single age is only 100-150.  Not nearly enough to measure upper or lower percentiles accurately.  I'd recommend using a small age band around your own age.  And, as for being 2013 data, the upper percentiles should be skewed even higher (given more likely to have more $$ invested during the run-up) if entering current NW.

Yeah, probably.  But it should be.

[Michael in ABQ]

67.6% but I decided to round down to 60%. Going from 60% to 70% is more than doubling so I'm still probably $10k short of the 70% mark. However, I've managed to save up about $10k in our emergency fund in the six months since we became debt free. However, adding one more year (birthday coming up soon) at the same net worth drops us down to about 62%.

[retired?]

In the comments below the tool the author of the tool notes that you can convert 2017 dollars to 2013 dollars by dividing by 1.06. Doing it this way I got 92.05% for due to my wife and I together and 81.54% for just me when I cut our NW in half.

That implicitly makes the assumptions that the pool of NW values rose by 6% over that time.  For upper NW people, it grew a lot more due to greater likelihood of being in the (bull) market.

The market over the years 2013 to 2017 would have increased the upper NW households more so than the lower NW households.  So, to get to 2013 percentiles, you current NW should be shrunk more than by a factor of 1.06.  OR, if you have the info, you could enter your 2013 NW.

So, you can easily switch from 2013 to 2017 dollars, but the percentiles will not change in a similar way......if that makes sense.

Entering current/1.06 should overstate your 2013 percentile.

[Gunny]

Without adding in a cash value of my pension I'm between 80-90 %.  With it I'm well above 90%.

[Imma]

68% at age 27 ... and I thought we weren't doing too well (yet). Net worth is less than 1 yearly income and we still have 80% of the mortgage to pay off.

[Valhalla]

This is a very interesting site and worthwhile looking at!

Being a low-income guy, I was surprised to see myself in the 72nd percentile. The medians are depressing.

I fully agree, I was shocked at the average net worth across the years.  It really is true many people are financially illiterate!

[ptobest]

I came out at 79.67%, so close to 80%!

Since my birthday is coming up in a couple months, I decided to bump my age up a year, without changing net worth.

This put me at 81.36%, which seems...counterintuitive? Hmm, maybe I'm hitting "mid-life crisis" age when your average person starts blowing some cash.

[honeybbq]

I got 96.6% using my household net worth.  (Which is what the calculator says it is designed for, not individual.)
But if I split it in half, for my "share", I got 94.4%.

Ah, neat idea. Mine actually went up when I did it this way.  97.84% as opposed to 96%ish with both our ages together.
(we have a large age difference).

[GenXbiker]

91.26% - single person household in LCOL area, so not bad.

[boyerbt]

96.13% as a household (25-30) and 90.17% by myself.

[Mississippi Mudstache]

84th percentile for me. If you used my wife's age (29) she would be in the 91st.

Four years ago I was in the 33rd percentile, (mostly due to an underwater mortgage) so at least I'm headed in the right direction.

[dude]

90th if I use just the personal straight-up net worth we've built from scratch
92nd if I include the house my wife's parents gifted her a decade ago (in which they still live)
97th if I include the value of my pension (I calculate it as the portfolio worth that at 4% withdrawal would equal my expected pension payment).

Rare company, but it still seems bizarre to me.  I don't drive a Mercedes, own a McMansion, have a country club membership, etc., etc.  I'm just an average joe who perhaps travels a little more than normal.

[damnedbee]

Never has an exercise made me feel so happy and so sad simultaneously.

[Lan Mandragoran]

hah, this is a fun one. Mying is imo %73 at 27age (YUCK, only found mmm 6 months ago in my defense though). However in real terms its like the 1th precentile since we have a rental + mortgage.  The funny thing is I know now that post mmm this will move stupidly fast and by the time I'm 30, id expect to be in the 90th.


Median networth is the best number there I think. 9k for my age is the exact middle person :|. Thats depressing.

[talltexan]

Data are based on Survey of Consumer Finance, couldn't tell if it was 2013 or 2016 version.

If other people have gotten wealthier since 2013, you probably have, too.

[Valhalla]

Data are based on Survey of Consumer Finance, couldn't tell if it was 2013 or 2016 version.

If other people have gotten wealthier since 2013, you probably have, too.

There was a comment to divide by 1.06 to get roughly 2013 values. 

[MrMoogle]

95.7% single person.  I found one a while back that also broke out by state, but was more grouped by age, so 30-35, and by percentile steps, so it had like bottom 1%, 5%, 20%, etc.  I was right at 99% there.

[gggggg]

I'm 77%, excluding my pension value. With the pension I'm at 94%

[2Birds1Stone]

95th percentile

[palerider1858]

86th percentile, currently in mid 30s.

[MonkeyJenga]

What's crazy is there is an actual negative percentile for my age of 48. It says 10% at my age are in the negative !!! Yikes !!

I accidentally put in $0 and it told me, at age 35, that I was in the 11%.

I accidentally put in $0 and it told me that I was in the 22%. 29 to 33.

Then I put in my actual net worth and got 96%.

(Single lady over here, WHO WANTS TO PUT A RING ON THIS?)

[pachnik]

What's crazy is there is an actual negative percentile for my age of 48. It says 10% at my age are in the negative !!! Yikes !!

I accidentally put in $0 and it told me, at age 35, that I was in the 11%.

I accidentally put in $0 and it told me that I was in the 22%. 29 to 33.

Then I put in my actual net worth and got 96%.

(Single lady over here, WHO WANTS TO PUT A RING ON THIS?)

Good going, MJ!!!!