Helping people build wealth since 2017. Author of Just Keep Buying (https://xitter.cf/t.co/8gu4qZ7MWy) & The Wealth Ladder (https://xitter.cf/t.co/3lGb0qPuin)
Joined December 2016
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The average net worth of U.S. households is $1.2M. The median is $216k.
But when you remove home equity, the median is just $69k.
My latest on how net worth varies by age, with and without home equity:
ofdollarsanddata.com/average…
Nick Maggiulli retweeted
What is a financial book, or any book of that matter, that you would recommend? I just finished reading "Just Keep Buying" by @dollarsanddata
Nick Maggiulli retweeted
The average net worth of U.S. households is $1.2M. The median is $216k.
But when you remove home equity, the median is just $69k.
My latest on how net worth varies by age, with and without home equity:
ofdollarsanddata.com/average…
This is why I say that Level 4 ($1M-$10M) is the no man's land of wealth. At some point you could work twice as hard and it barely makes a dent.
The craziest part of this story is the man was already rich.
His net worth was $17M BEFORE he won the powerball and ruined his life.
Some people you can never understand.
Since 2022, the median net worth of U.S. households 75 and older rose 38% while households under 35 fell 23%. What’s driving the divide?
It's not total wealth, but what your wealth is made of.
My latest on who got richer since 2022 (and why): ofdollarsanddata.com/who-got…
The Fed just released its latest wealth data. Here’s the median household net worth by age (2025):
Under 35: $33k
35-44: $156k
45-54: $255k
55-64: $411k
65-74: $432k
75+: $505k
Want to know where you rank for your age? My updated calculator has the answer:
ofdollarsanddata.com/net-wor…
We look up to creators with huge platforms as the blueprint for a life well-lived. But that lifestyle is missing something, and I only realized it after becoming a father.
My latest: ofdollarsanddata.com/playing…
Officially my most read article of 2026.
Thank you to everyone who shared it!
America's rich aren't just in Silicon Valley and Manhattan. They're auto dealers, consultants, and other business owners across the U.S.—and they hold 13x more wealth than the Forbes 400 combined.
My latest on who's really rich in America: ofdollarsanddata.com/who-is-…
America's rich aren't just in Silicon Valley and Manhattan. They're auto dealers, consultants, and other business owners across the U.S.—and they hold 13x more wealth than the Forbes 400 combined.
My latest on who's really rich in America: ofdollarsanddata.com/who-is-…
The median startup employee gets about $20,000 from their equity following an exit. And that's before taxes and exercise costs.
My latest on whether startup equity is a bad deal: ofdollarsanddata.com/is-star…
The optimal portfolio of the last 54 years had 36% U.S. housing. Run the same optimizer only through 1998 and U.S. housing doesn't appear at all.
My latest on the best portfolio over the last 50 years (and why it's an illusion): ofdollarsanddata.com/what-wa…
Money you'll never spend isn't really your money.
My latest on the psychological trap of unrealized gains: ofdollarsanddata.com/living-…
At 27 I almost spent $150k on an MBA. Then I ran the numbers.
My latest on which graduate degrees are the best investment: ofdollarsanddata.com/which-g…
Much of the speculative stuff of 2021 ended up failing (NFTs, DeFi, etc.) while much of the speculative stuff of 2025 (AI) seems to be succeeding.
My latest on why I was wrong to be bearish on US stocks a year ago: ofdollarsanddata.com/why-i-w…
Harvard Business Review tracked the time of 27 CEOs (of large companies) and found that they:
-Worked 62.5 hours per week, on average
-Worked 79% of weekend days
-Worked 70% of vacation days
Having time freedom and not using it is the same as not having it.
In 1983, the bottom 20% of workers were more likely to put in long hours than the top 20%. By 2002, the top 20% were twice as likely to work long hours as the bottom 20%.
My latest on why "owning your time" is a myth: ofdollarsanddata.com/the-myt…
In 1983, the bottom 20% of workers were more likely to put in long hours than the top 20%. By 2002, the top 20% were twice as likely to work long hours as the bottom 20%.
My latest on why "owning your time" is a myth: ofdollarsanddata.com/the-myt…
Since 1926, the median U.S. stock has underperformed the market by 7.9% over a 10-year period. If you have a lot of money in one stock, you'll likely experience a similar fate.
But you don't have to.
My latest on the best way to sell a concentrated position: ofdollarsanddata.com/the-bes…
Nick Maggiulli retweeted
Nobody talks about the hidden cost of extreme wealth.
At $100 million you buy a $30 million house. You have $70 million left earning 7%. That's $5 million a year in income.
Try spending $5 million a year. You actually have to work at it.
Now scale that to $100 billion.
The house doesn't get proportionally better. You can't buy a $30 billion house. The income doesn't get proportionally more enjoyable. You can't spend $5 billion a year.
The lifestyle difference between $100 million and $100 billion is virtually nothing.
What does change.
At a certain level of wealth you lose the ability to have authentic relationships.
Everyone wants something from you. Everyone. You can't turn it off and you can't hide from it.
You become a mark. Not a person.
The Wealth Ladder is the number one book I give every mentee because it maps this out clearly. The lifestyle benefits between Tier 5 and Tier 6 are virtually none. The detriments at Tier 6 are actually more than at Tier 5.
We live in a culture that says “more is better.”
I can safely attest that it's not true.
