Reported 16 days ago
This article outlines how to determine your ideal net worth relative to your salary and age. Financial advisors recommend that by age 30, your net worth should be about equal to your annual salary, increasing to two to three times by age 40, and four to six times by age 50. It emphasizes the importance of tracking your net worth as a dynamic goal rather than a fixed number, guiding you on how much wealth you should aim to accumulate over your lifetime, regardless of your income level.
Source: YAHOO