Average net worth age graphs will give you an idea of how the general population is doing with their money management but it's no real indication of whether you will have enough money to retire comfortably or put the kids through school, without experiencing financial stress. Each family develops it's own money management techniques to suit their unique financial needs. For average net worth age graphs to be relevant, consideration should be given to the similarities between your situation and the situation of those surveyed.
Average net worth age is not as relevant as the consideration of gender. Women already control most of the money in the average household and their incomes are rising more rapidly than men?s. In 1999, 30% of women in the US earned more than their husbands. The value of this data as a trend becomes even more relevant when you consider that number was just 25% two years earlier.
Although most women still work in professions such as nursing, teaching, or secretarial, a growing number have taken roles such as Financial Planner, Accountants or Economists. Regardless of profession, the final measure of where you fit on average net worth age graphs, is how well you understand money management, not how much money you make. Do you want to know more?
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