Net Worth & Income By Age in Canada & America (Where Do You Stand?)

Do you actually know where you rank financially for your age?
This video breaks down real net worth and income benchmarks by age... for Canada and the U.S. using median and average data, so you can see where you truly stand.

The same net worth can mean very different things depending on when you have it.

In this video, I walk through the real numbers, no guesses, not opinions... showing:
• Median net worth by age
• Average net worth by age
• Median household income by age
• Average household income by age

We look at each life stage:
• 30s & early 40s
• 40s & early 50s
• 50s & early 60s
• 60s and beyond

For both Canada and the United States, using official data sources.

This isn’t about comparison or pressure.
It’s about context... understanding whether your money is moving in the right direction for your stage of life.


#financialfreedom #money #personalfinance #investing #financialindependence #fire

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WHO AM I?

Hey! I’m Rich 👋🏽 Canadian dad, husband, and creator of Simply in the Black.

My wife and I grew up in low income immigrant families. No inheritances, no trust funds, no free childcare. We’re the everyday strivers you meet in the book The Next Millionaire Next Door, packing leftovers, brewing our daily coffee, and squeezing in side hustle hours after the kids are asleep because Toronto daycare can cost more than rent.

When we first started out, our mortgage was the only debt we carried, and today even that is gone. We’re completely debt-free. Paying cash for everything else became our family rule allowing us to solidly stay in the black.

On this channel I share what worked for us so you can build lasting wealth and peace of mind.

Daily habits that keep money moving forward
Big decisions on housing, investing, side gigs that move the needle
Plain talk tips you can use today for real financial confidence

Ready to ditch money stress? Hit subscribe, grab a coffee, and let’s do this together.

~ I am not a financial adviser. Videos are for educational and entertainment purposes only.


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Baby Steps Millionaires - https://amzn.to/47K3EaF
The Legacy Journey - https://amzn.to/4oN4l9d

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⌚️Timestamps:

00:00 - Intro
01:15 - Quick Clarity
01:42 - Net Worth & Income in your 30's & early 40's
05:19 - Net Worth & Income in your 40's & early 50's
09:44 - Net Worth & Income in your 50's & early 60's
12:42 - Net Worth & Income in your 60's & beyond
15:31 - Recap

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☕ Subscribe and let’s navigate this journey together.
   / @simplyintheblack  

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For business inquiries: simplyintheblack@gmail.com