How Much Should Aussies Be Worth at 40, 50 and 60?
Aussie Wealth With Craig
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How Much Should Aussies Be Worth at 40, 50 and 60?
917 просмотров · 7 дней назад
Aussie Wealth With Craig
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917 просмотров · 7 дней назад
How much should Aussies be worth at 40, 50 and 60? In this video I break down the average net worth in Australia by age, the typical household and the rough share per person, and show why the headline number makes so many people feel behind.
You'll see why the average is the wrong number to compare yourself to, how much debt each age group is carrying, and the problem with net worth figures that almost nobody talks about. I also cover whether the family home should count, what falling home values are doing to net worth, and why super has been holding household wealth up.
Free net worth calculator: https://moneysmart.gov.au/managing-de...
Timestamps:
0:00 Why the number you saw is wrong
0:21 Problem 1: average vs typical
1:07 Problem 2: household vs per person
1:40 Net worth at 25 to 34
2:07 Net worth at 35 to 44
2:27 Net worth at 45 to 54
2:59 Net worth at 55 to 64
3:29 Problem 3: the figures are out of date
4:43 Does the family home count?
5:14 What falling home values are doing
5:56 Why Aussies fall behind
6:30 What you can do at your age
A note on the numbers: the typical (median) figures are estimates. They take the last official household wealth survey from 2019-20 and scale it up to today, which is explained in the video. Per person figures are the household figure halved, as a rough guide.
This video is general information only and isn't personal financial advice.
#AussieFinance #NetWorth #Australia