Your net worth

[umairejaz]

Maybe this thread will be taken the wrong way.... but is no way intended to.

If you feel comfortble post....

1. Your age
2. Your total realized income
3. Inheritance
4. Your total net assets


Try this formula determining what your assets *should* be.

[(AGE * INCOME)/10]-INHERITANCE

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Realized Income = Income you report to IRS, taxable income.
Inheritance= Any lump sum of money given or gifts given you consider as yours
Net Assets=What you own - what you owe
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This formula should help you see what you should have accumulated at your age and your income level. If you are above it then you are well off in accumulating wealth. If you are below it then you are an underachiever of wealth.