[00:01] much money you should have for every age. According to the Federal Reserve, someone under the age of 25 is around $11,500, and for someone between the ages of 25 to 29, it's $35,600,
[00:14] average looks like. You can see that if you're in the 75th percentile, that means you're ahead of three out of four people your age. So, for the bracket of 25 to 29, for example, to be considered above average, you need to have $147,600
[00:30] board, that means you need roughly 2.5 to three times the amount that the average person has to be considered above average. Now, you don't need to earn more money to get there. Usually, people in the 75th percentile, they just
[00:43] ended up investing early, they saved consistent, and they lived well below their means. That is best illustrated between the ages of 30 to 55, so you can see that the median person goes from $100,000 to $411,000.
[00:56] That's roughly four times their net worth in 25 years, but the above average worth in 25 years, but the above average person, they go from $210,000 to $1.185 gap that you can make in your 20s and 30s is going to be the one that actually
[01:09] compounds for the rest of your life, and I will have a separate video on what to later. So, say you're starting from zero at the age of 40. As always, let me know in the comments what you think, and maybe your age and net worth. And if
[01:21] stuff, then that's a really good sign. You're on your way to becoming above You're on your way to becoming above average or even higher.