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What is your net worth? I illustrated my net worth below

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  • #61
    Assets

    Retirement: $10,000
    Other investments: $0
    Cash/emergency savings: $11,000
    Primary Residence: $0



    Total: $21,000


    2) Debts
    Mortgage: $0
    Credit Card: $100 (paid in full every month)

    Net worth: $21,000

    Age: 23
    Also, I've gone through 2 job layoffs as well. I'd say given the circumstances and my age, about a B+. I'd like more in retirement and cash savings, but whatever.

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    • #62
      we are 45/40

      401k combined: 1.1 MM
      taxable: 450K
      Cash: 130K
      Second home: 350K
      Primary home: excluding from calculation

      Total: 2.0 MM

      Grade: B for Blessed

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      • #63
        Originally posted by 97guns View Post
        income property $375K
        precious metal $250K


        revised totals since 05/13

        income property 437K
        precious metal 254K
        retired in 2009 at the age of 39 with less than 300K total net worth

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        • #64
          Originally posted by UnknownXV View Post
          I feel so far behind on this forum, although it's good to know so many are well off too.

          I'm 22 with $11,500 in savings, no debt.

          At least I'm not in the negative.
          Take pride in being far ahead of your peers. Most people our age have 20k in student loan debt and another 15k in credit card/ car loan debt with little in savings.

          That being said, set your own standard. Don't use them as a baseline. Just as a way to support your self esteem.

          I am 22 with
          Assets:
          24k in 401k/Roth IRA
          14k in savings

          Liabilities:
          11k in student loan debt

          Net worth - Roughtly 27k.

          Still in school but not incurring more debt due to tuition waivers/GI Bill through National Guard.

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