How Much Money You Actually Should Have Saved By Age (2024) |
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This is how much money you should have saved by your age, in 2024. These numbers are updated to reflect the new balances of the population based on the Survey of Consumer Finances which is done by the Federal Reserve every few years.
My last video on this topic was back in 2021 and used the old set of data, so this video should be much more accurate. Again, we want to be aiming for higher than the numbers presented in the video, but always easier said than done. Let me know in the comments how much you have saved and your age! https://www.empower.com/the-currency/life/average-net-worth-by-age https://www.federalreserve.gov/econres/scfindex.htm FREE STOCKS: π Webull USA: https://a.webull.com/i/HumphreyYang π Webull UK: https://www.webull-uk.com/i/humphreyUK π MooMoo: Click this link to get up to 15 free stocks when you make a qualified deposit Terms & Conditions Apply: https://j.moomoo.com/00iNNL πΎ Coinbase: Get up to $200 for Getting Started β https://coinbase-consumer.sjv.io/QOA326 π Public: https://www.pqr3ntrk.com/6QFBWN/J8P3N/ to get $10 worth of free Stocks πΈ SoFi Checking & Savings: https://sofi.com/humphrey Get up to 4.40% APY, pay no account fees and earn $250 when you sign up and set up direct deposit. Terms apply. πΎ Join our free Discord Community: https://discord.gg/humphrey Coinbase New User Incentive is a limited time offer. Offer available to new users only. Terms apply. See for details: https://help.coinbase.com/en/coinbase RESOURCES: π΅ Free Templates: https://beacons.ai/humphreytalks/freedownloads πͺ Hump Days Newsletter β https://humpdays.substack.com βΆοΈ See What I Invest In β https://patreon.com/humphreytalks π³ My Favorite Credit Cards β https://cardonomics.com/i/humphrey πΎ Discord Community: https://discord.gg/r9UbduW4zU MY SOCIALS: Secret Channel -- https://youtube.com/@hug Instagram -- https://instagram.com/humphreytalks Twitter -- https://twitter.com/humphreytalks TikTok -- https://tiktok.com/@humphreytalks Rickie (Editor) β https://instagram.com/coldgamerick WHO AM I? Hello π Iβm Humphrey, I used to be a financial advisor, worked in gaming/tech, and started my own eCommerce business. I make practical, rational content on investing, personal finance, the news, and much more with a data-backed approach. My goal is to help you with financial literacy and creating wealth. PS: I am no longer a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel! β±οΈ Timestamps: 0:00 - Start Here 0:24 - Age 20s 3:40 - Age 30s 8:09 - Age 40s 10:32 - Age 50s 12:29 - Age 60s |