AAW
111
111
UAW |
Under Accumulator of Wealth |
Net Worth < 549999 |
AAW |
Average Accumulator of Wealth |
5499999 < Net Worth < 2199996 |
PAW |
Prodigious Accumulator of Wealth |
Net Worth > 2199996 |
Stanley and Danko argue that your total net worth alone does not tell a good enough picture of one's wealth, what matters is how much worth you can accumulate on your income considering your own age. Therefore, a 30 year old making $ 25,000 who has a net worth of $ 80,000 has more relative wealth than a 50 year old doctor making $ 200,000 a year who is only worth $500,000.