Are You Richer Than Your Friends? (New 2026 Data)
This episode brought to you by Abound Wealth. Take the relationship to the next level and become a client: https://moneyguy.com/become-a-client/
Are you richer than most Americans your age? New financial data reveals how household income, net worth, and savings habits compare across Americans in their 20s, 30s, 40s, and 50s. Brian and Bo compare average Americans, Financial Mutants, and Abound Wealth clients to uncover what separates everyday savers from wealthy households. Discover how much you should have invested at your age, why some people build wealth faster, and how credit card debt, car purchases, emergency funds, and investing habits affect financial independence. Are you ahead of the curve, behind, or right on track for retirement? Let’s find out.
Timestamps
00:00:00 Are You Richer Than Your Friends?
00:00:37 Average Americans vs. Financial Mutants vs. Millionaires
00:02:50 How Much Money Should You Have in Your 20s?
00:06:44 Income and Net Worth in Your 30s
00:08:59 Are You Ahead or Behind in Your 30s?
00:11:04 How Much Wealth Should You Have in Your 40s?
00:14:55 Abound Wealth Management
00:15:50 The Wealth Gap in Your 50s
00:19:36 The Money Habits That Separate Wealthy Americans
00:20:18 Credit Card Debt: The Surprising Difference
00:22:40 Why Wealthy People Keep Their Cars Longer
00:26:12 Emergency Funds and Financial Security
00:27:49 How Much Do Wealthy Americans Save?
00:30:34 The Mindset Behind Building Wealth
🔗 Net Worth by Age (Compared to Peers) → https://moneyguy.com/resource/net-worth-by-age-compared-to-peers/
🔗 Wealth Multiplier By Age → https://moneyguy.com/resource/wealth-multiplier-by-age/
🔗 Net Worth Template → https://moneyguy.com/resource/net-worth-template/
🔗 Are You on Track to Be a Millionaire? → https://moneyguy.com/resource/are-you-on-track-to-be-a-millionaire/
🔗 Financial Order of Operations → https://moneyguy.com/resource/financial-order-of-operations/
🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future.
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