The title was promising, but the data, yes definitely seems to be skewed and fairly strange... I was hoping to find something like actual net worth by age.. yo

The title was promising, but the data, yes definitely seems to be skewed and fairly strange... I was hoping to find something like actual net worth by age.. you can also just calculate what people probably want to know anyway.. like if I'm X age, how much money should I have saved and how much should I be saving to reach X dollars by ~60 years old.. so I did that math.. Assuming 7% compounding interest -- investing in index funds for example: To have 5 million in your stock accounts by age 60: At age 25 you should have $125k, and contribute 25k per year At age 30 you should have $200k, and contribute 35k per year At age 35 you should have $300k, and contribute 50k per year At age 40 you should have $500k, and contribute 70k per year At age 45 you should have $850k, and contribute 100k per year At age 50 you should have $1M, and contribute 200k per year So I guess if you have a house that is worth $1M, then you only need to target $4M to hit that random value I picked, but I think most people would agree that having $5M in the bank would be basically plenty to retire on especially if it keeps growing while you are withdrawing from it..