Eat This, Not That!
Now inthe average net worth for Americans is even higher thanks to a bull market in stocks and real estate. However, could it be that everybody in America can all buy new Porsche Turbos with plenty of money left over if they wanted to?
Heck, it might even be higher! Clearly, the economy has improved a lot since the financial crisis.
I always prefer to rely on myself to try and outperform because I have no control over what others do. The only person I can control is myself! Furthermore, the better the average does, the less you feel great about yourself. The figure is an attack on their own success and makes them not feel as good about their own wealth accumulation.
At every level of competition, there will always be underperformers, folks in the middle, and outperformers. You know by definition that this is statistically impossible. Instead of trying to keep people down to make yourself feel better, I encourage everyone to celebrate the success of others.
Use their success as motivation for your own sake. The more you encourage others to succeed, you will rid yourself of that negativity that plagues your mind and flourish. Remember, this table is for above average people. If you want to build wealth, you need to know where your money is going.
Another excellent tool they rolled out is their Retirement Planning Calculator. You can recalculate with multiple variables.
How does your retirement planning calculator results stack up? Click to sign up for free About the Author: Sam began investing his own money ever since he opened an online brokerage account in Sam loved investing so much that he decided to make a career out of investing by spending the next 13 years after college working at two of the leading financial service firms in the world.
He also became Series 7 and Series 63 registered. Post has been updated for and beyond.Advertiser Disclosure. Credit Cards, Featured, News Credit Card Rewards More Than Doubled Since the Recession, New Study Shows. Thursday, May 4, Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution.
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