Hello Jeremy, thank you for the helpful content you share with us. I wanted to ask you if you have a formula to estimate what your net worth should be. I have used the one in the Millionaire next door book, and others similar to this one, and I was curious to know if you have one to sort of gauge this. Thanks so much!
Hey Ana!
That’s really an impossible question to answer… It should be as much as possible I guess?! But I think what you may be asking is “are you on pace to retire some day?” There are a lot of retirement calculators to help you answer that question. I have one on my site below. Enter your numbers and see if you’ll have enough to not go broke if you stop working one day!
Does that help?!
Thanks Jeremy! It makes sense, I guess it’s a more practical way of looking at net worth, having enough to not go broke, thank you so much!!
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