Average Net Worth By Age (not what you'd think)

In this video I use the Office for National Statistics data from March 2020 which shows the average net worth figures across different age groups. I will break down the values and look deeper into what type of assets they are and also think about why that might be important looking ahead to retirement.

Here's the link to the ONS data used:

https://www.ons.gov.uk/peoplepopulati...

Timestamps:

00:00 Intro
00:46 What is net worth?
01:30 What data am I using?
02:31 Age 16-24
03:19 Age 25-34
04:06 Age 35-44
05:05 Age 45-54
05:53 Age 55-SPA
06:45 Age SPA - ?
07:33 Why break it down?
07:52 Person A vs Person B
09:24 The Most Interesting Thing Is...

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Hi there! My name is Tom Morgan, Founder & Financial Planner of Orca Wealth Ltd, welcome to my YouTube channel ‘That Finance Show’. I’m very glad to have you here because this channel gives me the opportunity to help people and share information with those who wouldn’t normally get it.

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#networth