CNN Net Worth Calculator is an interesting tool that let you enter your age and income, and it returns the median net worth for people in your age group and salary range. I punched in my numbers and I am glad to say that I am doing quite well compare to people at my age and income (according to the calculator anyway).
Actually, it’s kind of scary that the median net worth for a 33 years old is only $2,125. Overall, the median net worth based on age and salary both seem low. Is the calculator accurate, or is the reality of our finances so grim that this is a true reflection? In any case, I encourage you to check it out — punch in your age and income to see how you compare.
A Free Tool to Help Track Your Net Worth
You can use Personal Capital to link to your investment accounts, back accounts, credit cards, and loans. Once you have all the accounts linked, and list all of your other assets and liabilities, the software will shows you what your net worth is currently. In addition, it will provide you with many valuable information that you can use to manage your finances.
Pinyo is the owner of Moolanomy Personal Finance and a Realtor® licensed in Virginia and Maryland. Over the past 20 years, Pinyo has enjoyed a diverse career as an investor, entrepreneur, business executive, educator, financial literacy author, and Realtor®.