I gave this some more thought. I know I am not there nor will I ever get there - but then thought - "hey - would be interesting to see what the ratio is" - but then I realized I don't save records - I don't know what I was making exactly 15 and 16 years ago for example. My "lifetime earnings" would just be a guess - I simply never maintained the records. SS earnings, once you are over the max, only show the max (at least that's what mine does).
Throughout my life I tracked only retirements savings and (when I had kids) college education savings. When I joined Bogleheads I would occasionally calculate networth (as if it mattered). At one point I started looking at savings rates - but that too - can be somewhat meaningless. OP made the comment about NetWorth and 1 person versus a couple. In my case - we were a couple/family of single income for most years - so that certainly effects this metric.
Throughout my life I tracked only retirements savings and (when I had kids) college education savings. When I joined Bogleheads I would occasionally calculate networth (as if it mattered). At one point I started looking at savings rates - but that too - can be somewhat meaningless. OP made the comment about NetWorth and 1 person versus a couple. In my case - we were a couple/family of single income for most years - so that certainly effects this metric.
Statistics: Posted by SmileyFace — Wed Feb 28, 2024 3:08 pm — Replies 65 — Views 6140