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Learn To Invest

26 Apr 2023

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How much should your net worth be at 30, 40 and 50?

In the past, talking about money was generally frowned upon. I’m happy to see that there has been a significant increase in financial bloggers and youtubers that discuss personal finance in the recent years. Today, I would like to discuss how much a person’s net worth should be at ages 20, 30, and 40. This is a general guideline that anybody may use if they are trying to pursue financial independence, but it’s by no means an absolute rule.

https://learntoinvests.com/how-much-should-your...

With that said, are you actually on track with your savings at your current age?

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Cryotosensei

02 May 2023

Blogger at diaperfinancingfund.blogspot.com

Nicely detailed. i think another way of looking at retirement planning is what Fidelity has suggested: "Aim to save at least 1x your income by age 30, 3x by 40, 6x by 50, and 8x by 60."

https://www.fidelity.com/viewpoints/retirement/...

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Eiscue

01 May 2023

Thanks for sharing!

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Joey Koh

28 Apr 2023

I think savings is one of those things best kept to oneself. Also every situation is different (as w...

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When people mention the goal of "saving $100,000 by age 30", are they referring to cash in the bank or net worth including investments? Isn't $100,000 too much to have in the bank?

How much income is enough for a comfortable life between different age 20,30,40,50,60,70,80?

I’ve heard of the 50/30/20 rule for monthly salary allocation. Is there a similar rule for net assets? As in, how much of my total net worth should be in investment, insurance, cash and etc?

I have 50% of my savings invested (40% SWRD, 8% US stocks, 2% others). For the remaining 50% in bank, I plan to keep 20% cash (emergency, expense), what should I do with the remaining 30%?

What should your net worth be at 30 without including CPF. I have been reading up about hitting 100k, is it realistic?

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