What is your net worth?

[RenoJay]

What is your net worth and your age? (I can't figure out how to add age to the poll selection.)

[The Wizard]

You'd have to make a rectangular grid for a two-dimensional poll like you want.
We'd probably have to get upgraded forum software for that...

[chaz]

A curious thread.

[Tyrobi]

www.networthiq.com has comparison for net worth and age.

[Ron]

Single? Married (e.g. divide by 2)? Investable assets? Total assets (beyond what is investable, such as net worth of your home, personal property, etc.)?

Poll dosen't make sense. What is it that you are trying to measure or what do you really want to know?

- Ron

[Wannaretireearly]

If someone is gonna start a multi-dimensional net worth thread, here are the parameters I would like to see:

1. Net Worth (however you want to calculate it)
2. Age
3. Annual current income (ballpark)
4. Annual current total costs (ballpark)

For me the # are:
1. ~$1M (woohoo! just realized this recently)
2. 32 (spouse 34)
3. ~$250k
4. ~$90-100k

[NAVigator]

Single? Married (e.g. divide by 2)? Investable assets? Total assets (beyond what is investable, such as net worth of your home, personal property, etc.)?

Poll dosen't make sense. What is it that you are trying to measure or what do you really want to know?

- Ron

Agree with Ron. All that really matters is how are you doing and will you meet your goals.

Comparison to others is difficult. Like the children in Lake Wobegon; all the Bogleheads are above average. Wealth is like driving on the highway; there is always someone ahead of you.

Jerry

[chaz]

If someone is gonna start a multi-dimensional net worth thread, here are the parameters I would like to see:

1. Net Worth (however you want to calculate it)
2. Age
3. Annual current income (ballpark)
4. Annual current total costs (ballpark)

For me the # are:
1. ~$1M (woohoo! just realized this recently)
2. 32 (spouse 34)
3. ~$250k
4. ~$90-100k

You are gonnaretireearly.

[gkaplan]

We've had this poll before, haven't we?

[norookie]

A curious thread.

They're always up there Chaz, Your 'presence' on the forum, i'm surprised you didn't call dupe. No doubt everyones had ups and downs, and LEARNED. I think its personal, I'm worth 1 dollar.

[sperry8]

If we held this poll just 2 years ago... everyone's net worth would've been much lower. Mine was 50% less! Certainly happy it's 2 years later, but who know what will happen. Could just as easily be back down in 2 more years. So... a better question is how long will my money last? I draw down about 3.5%... all my tables and analysis have that lasting til my mid 80's. But hey, it's subject to change

[FrugalInvestor]

Wish I was closer to the top rather than the bottom of my range.

[Delayed Gratification]

Where's the negative option? Can't assume everyone has made it to zero...

[RenoJay]

We've had this poll before, haven't we?

Sorry. Maybe we have, but I hadn't seen it.

[RenoJay]

Single? Married (e.g. divide by 2)? Investable assets? Total assets (beyond what is investable, such as net worth of your home, personal property, etc.)?

Poll dosen't make sense. What is it that you are trying to measure or what do you really want to know?

- Ron

Ron, good questions. I actually hadn't thought it out that much. I think I'm looking at total household net worth regardless of maritial status. The main thing I want to know is how Bogleheads stack up against the general populace plus (if we're being honest) I think a little financial voyeurism is fun.

[RenoJay]

If someone is gonna start a multi-dimensional net worth thread, here are the parameters I would like to see:

1. Net Worth (however you want to calculate it)
2. Age
3. Annual current income (ballpark)
4. Annual current total costs (ballpark)

For me the # are:
1. ~$1M (woohoo! just realized this recently)
2. 32 (spouse 34)
3. ~$250k
4. ~$90-100k

That's a great ratio of income to expenses. I sure hope you're spending the extra investing in gold, racing horses and dotcoms.

[chaz]

Single? Married (e.g. divide by 2)? Investable assets? Total assets (beyond what is investable, such as net worth of your home, personal property, etc.)?

Poll dosen't make sense. What is it that you are trying to measure or what do you really want to know? :wink:

- Ron

Ron, good questions. I actually hadn't thought it out that much. I think I'm looking at total household net worth regardless of maritial status. The main thing I want to know is how Bogleheads stack up against the general populace plus (if we're being honest) I think a little financial voyeurism is fun.

For a little financial voyeurism, join the IRS.

[scrabbler1]

"1. Net Worth (however you want to calculate it)
2. Age
3. Annual current income (ballpark)
4. Annual current total costs (ballpark) "

(1) Just under $1.1M, excluding the co-op apartment I own outright, including taxable and IRA investments.

(2) 47 and retired for 2 years. Single and childfree.

(3) About $32k in mostly taxable bond fund dividends, excluding spikes in income from unexpected cap gains distributions.

(4) About $22k.

[fundtalker123]

Without knowing how to discount future tax bills, I honestly don't know.

[letsgobobby]

poll is screwed up - two entries for $0.5m to $1.0m. was it always this way?

[likegarden]

One entry range is missing.

[Sheepdog]

What is my net worth? Which net? My wife's hairnet or my fish net? Neither one is worth much.

[Lollytiger]

My net worth isn't that high, but I have a really big gross worth.

[jidina80]

The results of this poll are so encouraging for Bogleheads!

If one's investing behavior resembles Bogle's advice of broad diversification with exposure to both stocks and bonds, in low-cost funds, most survey respondents are on the right track.

It's true that the first million is the hardest. After that, the compounding of returns helps tremendously. For most investors, when one passes the $2 million point, after-tax returns are usually a bigger determinant of growth of wealth than newly invested capital, but keep investing!

Young investors, you have the biggest advantage: Time. Ignore the noise and invest like your future depends on it. It does.

Just

[joha31]

Where's the negative option? Can't assume everyone has made it to zero...

+1 but getting closer every month.

[tadamsmar]

There is a typo in the pool, the 1 to 2 million range is not specified correctly

[rustymutt]

Your poll is flawed. You put in $500K to 1,000K twice, and left out $1,000K to 1,500K.

[Exige]

I love this part of your post!

Young investors, you have the biggest advantage: Time. Ignore the noise and invest like your future depends on it. It does.

Just

[kirent]

And this is the problem with bumping threads made before the forum upgrade.

[guitarguy]

Where's the negative option? Can't assume everyone has made it to zero...

[Mudpuppy]

Your poll is flawed. You put in $500K to 1,000K twice, and left out $1,000K to 1,500K.

The poll isn't flawed. It got broken in the forum upgrade, as did all polls created on the old version.