2026 What is your household net worth? Private Poll

[dmclone]

Updated some of the numbers to better reflect the demo. and the average net worth. Some stats for comparison.

2024 Median Net Worth $193k

Under 35: ~$39k
35-44: ~141k
45-54:~$301k
55-64:~$410k
65+:~$255k

I'm not voting until later, so people don't think the first vote is mine

 

[dmclone]

I've been keeping track of my net worth since 2008. From 1/1/2008 to 1/1/2009, my net worth decreased by 22%. This was such a stressful year. We had bought a house 2 years earlier, so our house was underwater. The builder (Regency) was going bankrupt. Everything seemed to be collapsing. The stock at my employer was cratering. Both my wife and I worked at the same company.

From 1/1/2009 to 1/1/2010, it gained 78%

1/1/2022-1/1/2023 was the only other year where my net worth on paper went down.

 

[herbicide]

Wish there was an easy way to factor age and marital/family status into it.

 

[brianhos]

Wow, things have changed in 14 years.

 

[KnappShack]

I try to focus on liquid net worth a bit more.

Net worth conversations suck when it's low. Better when it's higher. But climbing that mountain takes effort and discipline

 

[BCClone]

I try to focus on liquid net worth a bit more.

Net worth conversations suck when it's low. Better when it's higher. But climbing that mountain takes effort and discipline

Yeah, the other thread that says marry the farmers daughter is BS. It’s cost me way more than made me and she isn’t getting squat in inheritance

 

[bawbie]

When you calculate Net Worth, do you include 401ks?

 

[2020cy]

Sure

 

[ianoconnor]

When you calculate Net Worth, do you include 401ks?

Yes

 

[VeloClone]

Yes

That's easy to quantify, but my pension isn't.

 

[CascadeClone]

That's easy to quantify, but my pension isn't.

Take your annual pension payout times 20. That's basically saying 5% annual drawdown but not forever. At least that's a order of magnitude estimate.

If you want to get cute and do the math, you need your avg life expectancy, an assumed discount rate, etc. You can google it and I am sure someone details how to do it.

 

[Tailg8er]

When you calculate Net Worth, do you include 401ks?

Do you include equity in your primary home? What about owned vehicles or other assets worth decent amounts?

 

[CascadeClone]

Wish there was an easy way to factor age and marital/family status into it.

Yeah if you could do a grid with age buckets as well as value buckets. There would def be a trendline.

For those with lower numbers, don't compare yourself harshly against older folks. We've had plenty of time to compound interest, as well as make mistakes and then learn/fix them.

 

[BCClone]

Yeah if you could do a grid with age buckets as well as value buckets. There would def be a trendline.

For those with lower numbers, don't compare yourself harshly against older folks. We've had plenty of time to compound interest, as well as make mistakes and then learn/fix them.

Gotta use cost of living also. If you live in rural Iowa, your needs won’t be as much as someone in NYC.

 

[VeloClone]

Take your annual pension payout times 20. That's basically saying 5% annual drawdown but not forever. At least that's a order of magnitude estimate.

If you want to get cute and do the math, you need your avg life expectancy, an assumed discount rate, etc. You can google it and I am sure someone details how to do it.

**** the bed. I'm going to have to change my vote. My pension is worth as much as I initially put down for my net worth...

 

[AgronAlum]

Do you include equity in your primary home? What about owned vehicles or other assets worth decent amounts?

Basic calculator.

Net Worth Calculator

Net worth is what you own minus what you owe. Know where you stand and what it takes to become an everyday millionaire with the Net Worth Calculator.

www.ramseysolutions.com

 

[Tailg8er]

Basic calculator.

Net Worth Calculator

Net worth is what you own minus what you owe. Know where you stand and what it takes to become an everyday millionaire with the Net Worth Calculator.

www.ramseysolutions.com

Yeah, that's basically what I do/include, but not everyone is the same. I've seen many say they don't include the house they live in (because even if you sell it, you'd need to live somewhere) or their cars. Small in the grand scheme of things (for many), but could make comparisons not apples to apples.

 

[Letterkenny]

Wish there was an easy way to factor age and marital/family status into it.

Yeah, that'd be nice to see. I'll never be wealthy, but I've come a long way since graduating with only $75 in my bank account.

 

[CascadeClone]

Do you include equity in your primary home? What about owned vehicles or other assets worth decent amounts?

All assets minus liabilities

Good tutorial -
Net Worth HOW?

 

[CascadeClone]

Gotta use cost of living also. If you live in rural Iowa, your needs won’t be as much as someone in NYC.

That doesn't impact your net worth at all - but important if you want to retire! Having $1M in the boonies does go a lot further than $1M in Urbandale...