You’re Probably Already Rich

This was originally published in my newsletter, How It Actually Works.

Whenever I feel like I have something to lose I think about this chart, showing net worth in the US, by age.

Net Worth by Age

Two highlights:

  • If you’re 29 and worth $10k, you have more than 50% of people your age
  • If you’re 34 and worth $250k, you have more than 90% of people your age

And this is in the US! To say nothing of other countries where you’re wealthier than 99.9% of the population.

Some might shout “income equality!”, or try to make you feel guilty.

Instead look at your newly discovered wealth as an opportunity.

A chance to try whatever the hell you want. To take more risks because you’ve already succeeded.

Be grateful, yes. Help others, of course.

But make sure you understand the opportunity you’ve been given.

This was originally published in my newsletter, How It Actually Works