Net Worth Number At Every Age You Should Try Reaching As A High Earner
Discover what you could aim to save at every age — from your 20s through your 60s —and where your net worth stands. Host Andrew Giancola breaks down how much high earners could target saving across every decade, using a three-tier framework — "on pace," "ahead of the curve," and "elite" — to help you gauge where you stand. He discusses strategies like maxing a 401(k), funding a backdoor Roth IRA, building a taxable brokerage account, and planning around catch-up contributions and Roth conversions. Then, Andrew reacts to a video on average and median net worth data by age, unpacking why what you see on social media often looks very different from reality. The video Andrew reacts to, via @braidenshaw: https://www.instagram.com/p/DJUhkxevC62/ Interested in working with a financial advisor? Visit nerdwalletwealthpartners.com NerdWallet Wealth Partners LLC (NWWP) is a SEC registered investment adviser. Registration does not imply a certain level of skill or training, nor does it constitute an endorsement by any securities regulator. The content presented by NWWP on its Your Next Dollar podcast is for informational and educational purposes only and is not intended as personalized investment, tax, or legal advice to any person. The views, strategies, examples, and figures discussed are intended to be general in nature, subject to change at any time based upon market or other conditions and may not be suitable for every individual. Any hypothetical illustrations used are for educational purposes only and do not represent a guarantee or prediction of future results. All investments carry risk, including the potential loss of principal, and past performance is not a guarantee of future results. NWWP's investment advisory services are only offered where NWWP and its representatives are registered. Before making any financial decision, seek advice from a qualified investment, tax, or legal professional. The ‘on pace,’ ‘ahead,’ and ‘elite’ categories are illustrative planning frameworks only and are not individualized recommendations or guarantees of retirement outcomes. Appropriate savings targets vary based on goals, retirement timeline, spending needs, taxes, and personal circumstances.
