Comments on: Expected Net Worth http://www.richerandslimmer.com/2009/03/02/expected-net-worth/ Working my way towards financial and physical health Tue, 04 Aug 2009 06:50:42 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: admin http://www.richerandslimmer.com/2009/03/02/expected-net-worth/comment-page-1/#comment-252 admin Wed, 04 Mar 2009 03:43:42 +0000 http://www.richerandslimmer.com/?p=233#comment-252 I agree that this formula makes more sense for older people. Do you know of something that works for our age group (mid to late 20s)? I agree that this formula makes more sense for older people. Do you know of something that works for our age group (mid to late 20s)?

]]> By: Flamingo http://www.richerandslimmer.com/2009/03/02/expected-net-worth/comment-page-1/#comment-251 Flamingo Wed, 04 Mar 2009 00:35:30 +0000 http://www.richerandslimmer.com/?p=233#comment-251 Hey, don't worry Its clear that this formula is only useful over longer periods of time. I read somewhere that this formula is a best a guide for those people between ages 40-60. Its completely unreasonable to do these kind of calculations on people who have only been working a few short years. Hey, don’t worry
Its clear that this formula is only useful over longer periods of time. I read somewhere that this formula is a best a guide for those people between ages 40-60.

Its completely unreasonable to do these kind of calculations on people who have only been working a few short years.

]]> By: admin http://www.richerandslimmer.com/2009/03/02/expected-net-worth/comment-page-1/#comment-250 admin Tue, 03 Mar 2009 07:58:22 +0000 http://www.richerandslimmer.com/?p=233#comment-250 I completely agree. This net worth formula does not make any sense to me, but this is what he writes in the book. I completely agree. This net worth formula does not make any sense to me, but this is what he writes in the book.

]]> By: Manshu http://www.richerandslimmer.com/2009/03/02/expected-net-worth/comment-page-1/#comment-249 Manshu Tue, 03 Mar 2009 03:50:55 +0000 http://www.richerandslimmer.com/?p=233#comment-249 If the formula is as you have described it, it is totally erroneous. What if Jane was working since she was 20? At the bare minimum, any formula that calculated Net Worth needs to take into account- number of years a person has worked and not their age. If the formula is as you have described it, it is totally erroneous. What if Jane was working since she was 20?

At the bare minimum, any formula that calculated Net Worth needs to take into account- number of years a person has worked and not their age.

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