PAW: You have a net worth at least twice as high as the expected value. You’re a standout in terms of building wealth.
AAW: Your net worth is within 90% to 200% of the expected value, meaning you’re generally on track.
UAW: Your net worth is less than 90% of the expected value, indicating that you may want to reassess your financial strategies.
How to Use the Calculator:
Enter Your Age
Input your current age in years.
Enter Your Annual Pre-tax Income
Enter your total gross income before taxes and deductions for the year.
Enter Your Current Net Worth
Your net worth is the total value of your assets (savings, investments, property) minus any debts (loans, credit card debt, etc.).
Click ‘Calculate’
The calculator will show your Expected Net Worth based on your age and income.
Check Your Wealth Category
The result will classify you into one of the following categories:
PAW: Prodigious Accumulator of Wealth – You’ve built more wealth than expected for your age and income. Congratulations on your strong financial habits!
AAW: Average Accumulator of Wealth – You’re on track with wealth-building, but there may be room to improve your savings and investments.
UAW: Under Accumulator of Wealth – Your wealth is lower than expected. This might suggest you could focus more on saving, reducing spending, or investing for growth.