(Net worth) ÷ (Age - 21) by academic degree for ages 40+
Mar 31, 2019
26 Comments
Average annual savings: divide total individual net worth (in USD) by years since age 21
e.g. PhD, $4MM / (age 45 - 21) = 167k
Weighted mean* per highest level of education, based on data collected so far:
bachelors = 158k/year
masters = 122k/year
PhD = 195k/year
*: middle of bucket, est. $350k for highest bucket
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And if you are under 40 years old, please do not vote (or select the first option).
Put you head down. Be creative and work your ass off. If you have any questions if this works, ask Bill.