Yahoo Finance
In 2024, Americans stated that the average net worth they consider “wealthy” is $2.5 million.
Interestingly, the 90th percentile is pretty flat, around $2.5M to $3M, from one's early 50s to one's 80s. The 95th is slightly less flat, with a peak slightly under $7M in one's late 60s; while the 99th percentile rises sharply with age until peaking over $22M in one's late 60s, from which point it mostly drops.
A 2025 graduate with a bachelor's degree can expect to earn a lifetime $7.951 million. Among workers aged 25 to 64 with a bachelor's degree, median earnings for 2022 totaled $74,150. Also for 2022, men with bachelor's degrees made a median of $89,300; women with the same degree made a median of $63,230.
Top 1% net worth for ages 18-24: $435,076.59. Top 1% net worth for ages 25-29: $606,188.36. Top 1% net worth for ages 30-34: $956,944.74. Top 1% net worth for ages 35-39: $4,034,486.45.
Probably 1 in every 20 families have a net worth exceeding $3 Million, but most people's net worth is their homes, cars, boats, and only 10% is in savings, so you would typically have to have a net worth of $30 million, which is 1 in every 1000 families.
A choropleth map of the U.S. showing the adjusted gross income needed to be in the top 1% of earners by state, using IRS tax year 2021 data adjusted to October 2024 dollars. Washington, D.C. leads at $1,222,791.28, while West Virginia trails at $425,816.40. The national figure is $797,760.07.
California features a high earning rank at No. 6. Those with associate's degrees have median earnings of $44,707; those with bachelor's degrees have median earnings of $67,786.
At the age of 18 he immigrated to Canada, acquiring its citizenship through his Canadian-born mother, Maye. Two years later, he matriculated at Queen's University in Canada. Musk later transferred to the University of Pennsylvania and received bachelor's degrees in economics and physics.
When asked about their post-grad salary goals, more than half said they were aiming to earn at least $60,000 per year in their first job after college. College students have even loftier goals for a few years after graduating, with 1 in 4 expecting to earn six figures within 5 years of starting their career.
What is a good net worth for my age? People in their 20s and 30s should target net worth of $100,000 to $300,000. A net worth of $1 million or more should be the goal in your 40s and beyond. A seven-figure net worth is usually necessary to ensure a comfortable retirement.
With $8 million in savings, even a modestly invested portfolio can generate enough money to live a very comfortable life indefinitely. Of course, that's all relative as the amount of money you need in retirement is going to vary based on an individual's life choices and desires.
The $1,000 per month rule is designed to help you estimate the amount of savings required to generate a steady monthly income during retirement. According to this rule, for every $240,000 you save, you can withdraw $1,000 per month if you stick to a 5% annual withdrawal rate.
According to recent data from the Federal Reserve, a net worth of at least $3,795,000 places you among the coveted top 5% of U.S. households. While this may seem like a substantial sum, it pales compared to the ultra-affluent's stratospheric wealth.
Your net worth is what you own minus what you owe. It's the total value of all your assets—including your house, cars, investments and cash—minus your liabilities (things like credit card debt, student loans, and what you still owe on your mortgage).
Based on admission requirements at the University of Pennsylvania, where Musk earned his degrees, his GPA was likely 3.9 or higher. Musk's educational path laid the foundation for his future success.
Bezos was born in Albuquerque and raised in Houston and Miami. He graduated from Princeton University in 1986 with degrees in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994.
Elon's IQ is estimated to be around 155, while Albert Einstein's is 160. With such a slight margin, Musk is undoubtedly an incredibly smart person. Who is the smartest person on earth in 2022? Born in 1975 in Adelaide, Australia is a mathematician, Terence Tao with an IQ score of 230.
Only 18% of individual Americans make more than $100,000 a year, according to 2023 data from careers website Zippia. About 34% of U.S. households earn more than $100,000 a year, according to Zippia.
How much is $60,000 a year per hour? A $60,000 annual salary is equivalent to earning a $28.85 hourly wage, or $230.80 each day. This is based on the employee working for eight hours a day, 52 weeks a year.
"I Had Some Help" by Post Malone featuring Morgan Wallen achieved the highest weekly sales and streams for a song in 2024. "Lose Control" by Teddy Swims topped the Billboard Hot 100 Year-End chart as the best-performing single of the year overall.
In Sri Lanka, voters delivered a landslide win to the National People's Power, previously a minor party. Republican Donald Trump won the 2024 United States presidential election, becoming the first U.S. president to be elected to a non-consecutive second term since Grover Cleveland won the 1892 election.