Independence is a core part of Americana, except for grown adults who still live with their parents.
Discrimination and sexism is wrong therefore I am a strong proponent of the Equality Net Worth method.
Related: How To Retire Early As A Couple (2017) The equality method basically states that a man and a woman are equal.
Meanwhile, some of you will argue that the figures are too low because there are tremendous financial synergies in a relationship.Since you can’t have synergies before you actually meet, it’s better to simply double the above average net worth per person figures to stay conservative.Of course there are tremendous benefits of having a stay at home spouse take care of the kids.Your children get more love from the person you trust the most, you save on daycare costs, and more.The inference is that women cannot have a lucrative career and be a mother at the same time.
Clearly the government has never met Sheryl Sandberg of Facebook or Marissa Mayer of Yahoo.One of the most popular posts on Financial Samurai is The Average Net Worth For The Above Average Person.The “above average person” is loosely defined as someone who graduated from college (35% of the American population), works hard, plays well with others, takes full advantage of their pre-tax retirement plans, saves additional disposable income, stays on top of their finances by utilizing free financial tools, expects nothing from their parents or the government and is not delusional.Somewhere between the ages of 45-50, the above average person’s net worth reaches over one million dollars.We can all agree that thanks to inflation, easy monetary policy, a roaring bull market and a recovery in real estate, becoming a millionaire by the time we retire is fast becoming the rule, rather than the exception.I’m not sure which century or country you are living in, but males and females are equal here in America at least.