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I spend a lot of time lurking the Bogleheads forum. They do an annual net worth survey, and I think we ought to do one too! Please answer the questions truthfully. After a month or so of quality responses I'll prepare some charts for the goonmind to review. No Commas dudes! Anonymous Survey http://goo.gl/forms/JBHYHebRRQ If you want to edit your earlier response just submit a new entry and annotate in the additional comments which row and timestamp you are replacing. Results https://docs.google.com/spreadsheets/d/19ZMSjTLKriXTFsE9Hk73TIQF7UrIGrFkVZe8PbMsmTA/edit#gid=1466705772 Neato Graphs! Be back in a bit, more graphs to come!! 80% of BFC Posters are between 25-34  Median income  CDF for income and net worth. Read these charts by starting at the x axis, and reading up the line. Measure to the Y axis to find the % of BFC with less income/net worth than you! Example: in the top left graph. Read the y axis value associated with the line above the x value of 100,000 to determine that about 73% of single BFC posters make less than $100,000.  Net worth by age alone  Net Worth by age and DINK/kid status  Net Worth 1 adult vs 2 adults  Average Net Worth by Education Level: Thanks Higgy  Average Net Worth by Career Track: Thanks Higgy  edit: responses to posts below BossRighteous posted:To clarify, Primary residence [asset] is current market value, while Mortgage [debt] is current principal, right? Bloody Queef posted:This is a dumb suggestion, but mostly because I'm phone posting, could you add a column in the results sheet that sums up the Assets - Debts? I think that'd be neat. And then maybe a running average for all the columns at the bottom? BossRighteous posted:OP, what is your email if people need to request edits after the fact? No PMs it appears. Evil Robot posted:A question about location would be good too. EugeneJ posted:Why is the Net Worth not calculated for like 90% of the survey-takers Velochis fucked around with this message at 23:27 on Feb 8, 2015 |
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Jan 22, 2015 12:18
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I took it. My take away, no one had kids 7 to 0 so far. Interested to see the results.
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Jan 22, 2015 15:32
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I found this interesting just to see what other people's financial situations are in terms of roof over head. I had adjusted my budgeting to start paying more principal on my mortgage already. This is strengthening my resolve to do so.
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Jan 22, 2015 15:52
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To clarify, Primary residence [asset] is current market value, while Mortgage [debt] is current principal, right?
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Jan 22, 2015 17:26
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BossRighteous posted:To clarify, Primary residence [asset] is current market value, while Mortgage [debt] is current principal, right? That was my assumption.
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Jan 22, 2015 18:12
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This is a dumb suggestion, but mostly because I'm phone posting, could you add a column in the results sheet that sums up the Assets - Debts? I think that'd be neat. And then maybe a running average for all the columns at the bottom?
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Jan 22, 2015 18:53
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Haha, that's pretty interesting already.
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Jan 22, 2015 19:04
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A question about location would be good too.
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Jan 22, 2015 19:09
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I'm thinking the $2.5m home was a typo lol
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Jan 22, 2015 19:21
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Somebody lives in a $2.5M house on $86,000 a year. And their mortgage is $230,000. Check your 0's fools
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Jan 22, 2015 19:21
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GoGoGadgetChris posted:Somebody lives in a $2.5M house on $86,000 a year. And their mortgage is $230,000. Check your 0's fools Maybe they just saved up for like 15 years to make a huge down payment on a mansion  Also, god drat at whoever makes 350k as a software developer.
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Jan 22, 2015 19:26
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OP, what is your email if people need to request edits after the fact? No PMs it appears.
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Jan 22, 2015 19:27
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Also maybe put a note in the OP not to use commas. No one actually reads the full prompts on surveys.
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Jan 22, 2015 19:41
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Saint Fu posted:Also maybe put a note in the OP not to use commas. No one actually reads the full prompts on surveys. Using commas may have prevented that 2.5mm house that should have been 250k. Just use Gcalc so split out the commas
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Jan 22, 2015 19:49
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This confirms my suspicions about BFC. Thanks!
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Jan 22, 2015 21:06
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Bloody Queef posted:Using commas may have prevented that 2.5mm house that should have been 250k. Just use Gcalc so split out the commas Anyway, thanks for doing this OP, very interesting to see.
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Jan 22, 2015 21:10
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ntan1 posted:This confirms my suspicions about BFC. Thanks! Which are??
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Jan 22, 2015 21:15
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Leave blank if unsure. *leaves blank* This is a required question. 
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Jan 22, 2015 21:19
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Nocheez posted:Leave blank if unsure. The statement below this is true. The statement above this is false.
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Jan 22, 2015 21:20
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Once more data is compiled, some graphs of net worth by age or deciles of wealth or something would be interesting.
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Jan 22, 2015 21:30
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Well poo poo I thought I was doing pretty well at 25 till now.
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Jan 22, 2015 21:35
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Gorman Thomas posted:Well poo poo I thought I was doing pretty well at 25 till now.
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Jan 22, 2015 21:43
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Whoops, I made a mistake in my assets.
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Jan 22, 2015 21:51
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You people need to have more kids. Someone has to pay my social security.
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Jan 22, 2015 21:56
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Whoops, I thought it was the number of homes and rental properties, not the value.
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Jan 22, 2015 21:57
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I wish there was a region/location question. 
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Jan 22, 2015 22:31
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Now I'm depressed Hey, at least I have an expensive house!
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Jan 22, 2015 22:36
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Feelin' like a failure over here At least I'm getting a raise soon
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Jan 22, 2015 22:51
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Thanks for participating folks.To those of you feeling blue about the results remember that BFC represents a self selecting group of financially savvy people that is no where near the average American.
Velochis fucked around with this message at 23:18 on Jan 22, 2015 |
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Jan 22, 2015 22:54
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spwrozek posted:Which are?? That BFC is a very self selecting group of financially savvy people who have a lot more money than an average American.
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Jan 22, 2015 23:57
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Also we hate kids
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Jan 23, 2015 00:26
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Gorman Thomas posted:Also we hate kids It's not so much hate as I want zero debt and well over 100k saved before I have one. Also for my fiancee to have a job that pays enough that daycare for two kids won't be so much that she may as well quit.
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Jan 23, 2015 00:29
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I always enjoy seeing the occupations that people hold. Makes the place seem more diverse even though a good chunk of people are in positions related to tech. I wonder what the responses would be if this was surveying the forums as a whole instead of a sub-forum. Also wondering how many people would lie if this surveyed everyone.
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Jan 23, 2015 00:41
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BouncingBuckyBalls posted:Also wondering how many people would lie if this surveyed everyone. Occupation: Z-fighter. Sephiroth_IRA fucked around with this message at 01:16 on Jan 23, 2015 |
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Jan 23, 2015 01:01
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dbl post.
Sephiroth_IRA fucked around with this message at 01:16 on Jan 23, 2015 |
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Jan 23, 2015 01:06
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dbl post. ~sorry
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Jan 23, 2015 01:15
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*angry parent voice* You wanna try for 4?!
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Jan 23, 2015 01:20
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GoGoGadgetChris posted:Somebody lives in a $2.5M house on $86,000 a year. And their mortgage is $230,000. Check your 0's fools I wans't that bad, but I put in what our equity in the house is rather than the total valuation, then put an extra zero in one of the assets column, whoops, too bad there's no way to update it after you close the survey page.
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Jan 23, 2015 01:56
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People are really underutilizing the optional Additional Comments field IMO
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Jan 23, 2015 01:57
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| # ? Apr 26, 2024 13:39 |
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Why is the Net Worth not calculated for like 90% of the survey-takers
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Jan 23, 2015 02:47
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