Oct 20, 2019
You here quite a bit of talk about the top 1% of wealth in the media. But what if it was easier than you think to land yourself into the top 10% of wealth in the United States and across the world? Derek Moore takes you through the numbers explaining what asset levels it takes to get into various percentiles of net worth and runs the numbers on what type of assumed growth rates and contributions it might take over various time periods.
How much net worth does it take to get into the top percentiles in the United States?
How would your net worth rate compared to adults around the globe in USD?
The power of committing to contributing money monthly over many years
Median vs. Mean net worth numbers
Using PMT Function in excel to estimate return and contributions needed to get to a level of wealth
Discussing Credit Suisse’ Global Wealth Report pyramid
How many millionaires are in the U.S. and various countries around the world?
Mentioned in this Episode:
Download Credit Suisse Global Wealth Report 2018 https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html
Book: Broken Pie Chart https://amzn.to/31oy1hE
Razor Wealth Management www.razorwealth.com