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| If you google the median household net worth, you can find the following: And here’s the median net worth of U.S. families based on the age of the head of household: Age 35 or younger: $11,100; Age 35-44: $59,800; Age 45-54: $124,200; Age 55-64: $187,300. For reference in US, if minimum wage is $10 USD an hour, annual income would be $10*8*5*52= $20,800. So, the median household net worth at age 50 is about 6 times the minimum wage income. Assuming minimum wages is about 2W a month in Taiwan, then if you have about 150W in saving you can afford to think about quality of life at age 50. Otherwise, keep saving. ... |
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