Here’s some of what we discuss in this episode:

💰 Net Worth: Understanding total wealth versus investable assets

📊 By Age: Looking at average and median net worth across different decades

📈 Growth Years: Why net worth often accelerates in your 40s, 50s, and 60s

💧 Liquid Assets: Focusing on money that can actually be spent in retirement

🧮 Retirement Planning: Building income around investable, spendable assets

Some people place a lot of emphasis on their net worth. Other people never think about it at all. Today, Phil talks about how to calculate it, how you stack up by age, and how much you should actually pay attention to it. Net worth is a useful snapshot, but it’s still just a snapshot. What matters more is whether the number you’ve built actually works the way you need it to when the time comes.

Go Inside the Episode:

0:00 – Intro

1:01 – Net Worth Defined

3:32 – Average Net Worth By Age

7:53 – Liquid Net Worth

10:45 – Status vs. What’s Spendable

12:55 – Final Thoughts

If you have any questions about what we discussed in this episode, reach out and we’ll be happy to set up a time to talk.

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