What is your ratio of Net Worth / Annual Income? What's your age?

Would prefer if folks don't share their gross net worth or income #s as this is more about how have folks been doing given the resources they have.

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Age 24. Net worth .5x annual income. Only 3 months into the grind though!

uplifting

Age 29, current NW is 7.4x total income new 2021 salary.

upliftinglike
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27. Net worth 3.2x total comp

likeuplifting

Same age 2x, you are doing great!

I’m 42. Net worth is 10.5x total comp

likeuplifting

Age 52, net worth 30x annual comp

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Inspired

Age 32. NW 8.5x. Just took a big pay cut though to shift careers. Was 5.1X.

likehelpful

How did you pivot to VC?

48

Net worth is 6 to 7 times annual income. I’m giving a range because my income has varied meaningfully over the last few years.

likeuplifting

Interesting aside that goes to how meaningful the answer/ you’ll receive are:

Im expecting a promotion within the next year or so that will increase my income such that even with a higher absolute net worth, I will have a lower net worth relative to my income.

I expect you’ll see a lot of variability in folks in the mid 20s (because their student loan debt will vary a lot) and folks in the 50ish range (because that tends to be around when lots of folks have their biggest comp climbs). Although there aren’t tons of late middle aged people on here.

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NW of 7X joint income, age 44. Goal is to retire in 12 yrs (age 56) with house paid off, and take 3% annual withdrawals.

likeuplifting

About 10x. Give or take. But salary has jumped up or down a good bit over my career. 52 yrs old

likeuplifting

Age 47. Net worth is 7.5x income.

likeuplifting

Age 24. NW is 0.3x of annual income.
Realizing that I should probably be saving more.

smart

As a follow up, is it a pipedream to be able to achieve 20-25x NW to income ratio (4% rule)? Or would that just likely signal your income is low or dropped?

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I prefer to use total expenses against NW vs income to NW. We would never need 25x current income. Our FI number is about 12x current income, and that's being conservative, giving about 30x expected expenses in retirement.

helpful

Just got promoted. Net worth is 1.6x new salary or 2.1x old salary. Age 26

helpful

Net worth / base salary: 2.85x
Age: 24

uplifting

27. Net worth 5x annual income. I live in a low COL, so I’ve been able to save/invest more.

uplifting

What's your comp?

7x early 40s

uplifting

Mid 20s, net worth / total comp = 0.8

uplifting

26, attorney, ~0,5x

uplifting

Age 26 0.4x of annual income

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I'll start:
Net Worth is 2.5x that of annual income.
Age:29

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