Its always nice to know what ones net worth is....and is it sufficient, is it an indication of how you are doing and more importantly will you continue to do well...
I came across a simple equation which is quite profound to say the least.
The equation basically states that your current net worth should be
Current Net Worth = Age * Annual Salary / 10
which basically means that if your current net worth is greater than this curve you are doing well, and your assets would let you do well in the future as well....however if not then pull up your socks and start investing!!!
Think about it and write in with your comments. Would like to hear from you guys!
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