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Average age to reach a millionaire in the usa is 55. https://www.lexingtonlaw.com/blog/finance/average-net-worth-by-age.html https://www.lexingtonlaw.com/blog/
by naveen99 5y ago
Average age to reach a millionaire in the usa is 55.
https://www.lexingtonlaw.com/blog/finance/average-net-worth-by-age.html https://www.lexingtonlaw.com/blog/finance/average-net-worth-...
- sumeno 5y agoThe averages are blown way out by the top. The median never tops $300k, so no, most people are not millionaires by their 30s
- naveen99 5y agoIf we valued people’s net worth like we value companies listed on the nasdaq, with P/E ratios of 40, median us worker with earnings of 60k, is at $2.4 million before 30. Note, the median salary of nasdaq listed company employees is probably not much higher than 60k without whom the companies wouldn’t sustain their own valuations.