Average Net Worth by Age (How Do You Compare?)
Episode Date: December 3, 2024Are you beating the average American in personal finances? Today, we’re sharing the average net worth by age to see where exactly you stack up. Whethe...
Intermediate to advanced personal finance strategies for people serious about the FIRE (financial independence retire early) movement—not just dreaming about it. Tune in on Tuesdays and Fridays for new BiggerPockets Money episodes with your hosts, Mindy Jensen and Scott Trench! Or visit BiggerPocketsMoney.com with additional resources.
733 episodes transcribedAre you beating the average American in personal finances? Today, we’re sharing the average net worth by age to see where exactly you stack up. Whethe...
There’s a “middle-class trap” that can keep anyone from FIRE—yes, even high-income earners. Today’s guest has a sizable nest egg that should allow her...
Is frugality overrated? Is hustle culture a waste of time? Do we over-save for retirement? You don’t have to look very far to find a hot take online,...
If you follow the almost unbelievable path of today’s guest, you, too, could achieve financial independence in your thirties. Would we recommend mimic...
Would you move abroad to reach FI faster? That wasn’t Brooklin Nash’s original goal when he left the US and began freelancing from afar. But now, year...
Could a few years of aggressive saving put you in the fast lane for financial independence? Is the grind even worth it? Today’s guest was well on his...
Is paying off debt or investing (and potentially using more debt) the best way to reach FIRE? The average American has $104,215 in mortgages, student...
Yes, it’s possible to retire early, even if you’re just now diving into the FIRE movement. Early retirement could be within reach whether you’re in yo...
Should you move to reach FIRE? And if so, where to? In this episode, we’re pulling back the curtain and revealing the best places to retire in the US...
Are you saving TOO much for retirement (or early retirement)? Could you retire years sooner than you think? Will retirement expenses be even less than...
You can attack financial independence from one of two angles. You can create a strict timeline for achieving FIRE, or you can calculate your FIRE numb...
Everyone wants to become “work-optional” at some point. Having enough money in investments and the bank would allow you to choose the job you love mos...
The combination of saving money and buying rentals is a recipe for reaching financial independence much faster than you thought possible. Just ask tod...
Just a short while back, Marisa Mae was caught in the paycheck-to-paycheck trap, her credit cards stretched to their limits with no emergency savings...
Should you sell your house or keep it as a rental property in 2024? What you do with your home today could create a million-dollar swing in your portf...
Real estate investing is one of the best vehicles for building wealth, reaching financial independence, and saving for retirement, but you don’t need...
Why do many wealthy people wait so long to retire? Despite earning a physician’s salary, living frugally, and saving what most would call “more than e...
What does it mean to “win” financially in your income bracket? To us, the end goal is always FIRE (Financial Independence, Retire Early), and if you’r...
Young, old, or in between, you need to hear this episode! Today’s guest paid off over $80,000 of debt, grew her net worth to $100,000 and did it all j...
Does FIRE seem impossible while raising a family? We’re about to prove that you CAN have it all. Emily and Joel are financially independent while rais...