Percentile Formula:
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The World Wealth Percentile by Age shows how your net worth compares to others in your age group globally. A percentile of 75% means you have more wealth than 75% of people your age worldwide.
The calculator uses the formula:
Where:
Explanation: The calculator compares your net worth against global wealth distribution data for your specific age bracket.
Details: Understanding your wealth percentile helps gauge your financial standing relative to peers globally, useful for financial planning and benchmarking.
Tips: Enter your total net worth in USD (all assets minus liabilities) and your exact age. The calculator uses the most recent global wealth distribution data.
Q1: How accurate is this calculator?
A: Accuracy depends on the quality of the underlying global wealth data. This calculator uses approximations from reputable sources like Credit Suisse and World Bank.
Q2: What counts as net worth?
A: Include all assets (home equity, investments, savings) minus all debts (mortgages, loans). Human capital is not included.
Q3: Why does age matter for wealth comparison?
A: Wealth naturally accumulates over a lifetime, so comparing across age groups would be misleading.
Q4: What percentile is considered "wealthy"?
A: Typically, top 10% (≥90th percentile) is considered wealthy, top 1% (≥99th) very wealthy, but standards vary by country.
Q5: How often is the underlying data updated?
A: The calculator uses annual data updates, but global wealth distributions change gradually.