# What should net worth be at 40?

Category:
personal finance
retirement planning

**Net Worth**at Age

**40**

**40**, your goal is to have a

**net worth**of two times your annual salary. So, if your salary edges up to $80,000 in your 30s, then by age

**40**you

**should**strive for a

**net worth**of $160,000. Additionally, it's not just contributing to retirement that helps you build your

**net worth**.

Just so, how much is the average 40 year old Worth?

The short answer: the **average 40 year old** has a net **worth** of roughly $80,000. But for the above **average 40 year old**, their net **worth** is closer to $660,000.

**40**, you should have twice your annual salary. By age 50, four times your salary; by age 60, six times, and by age 67, eight times. If you reach 67 years old and are earning $75,000 per year, you should have $600,000 saved.

One may also ask, how much should a 40 year old have saved?

However, most financial experts recommend that by age **40** you **should have** retirement savings equal to twice your annual salary or more. According to Money magazine, “a **40**-**year**-**old** couple with household income of $100,000 **should have** amassed savings of 2.6 times salary.”

Read on to understand more. According to CNN Money, the average **net worth** for the following ages are: $9,000 for ages 25-34, $52,000 for ages 35-44, $100,000 for ages **45**-54, $180,000 for ages 55-64, and $232,000+ for 65+.