Wanted to share an investment|wealth growth simulator with all of you.

We created this on our site https://simulator.zegatools.com/#/simulator and it doesn’t require an email or log in to use. In other words, you can just use it without winding up getting a bunch of emails afterwards and you can start using it immediately.

If you go to that link, it provides a graph and some inputs you can play around with to see how your assets may grow over time. The inputs are important as you can see what saving more does to the growth.

One of the mistakes many use are the all age wealth percentiles. The reason is that someone in the 30-34 age range can’t compare themselves to someone 70-74 range who has worked many more prime years and had many more years to save and compound.

Here is a site that uses 2020 numbers to estimate what percentile of wealth you are by your age range. https://dqydj.com/net-worth-by-age-calculator-united-states/

The idea is if you are in the 80th percentile, that implies you have higher wealth than 80% of households so you are in the top 20%. This isn’t about speedboats or Porsches. Its about building wealth so you have options and the ability to one day retire.

If you do use it, in the comments you might discuss:

What surprised you when you started inputting some numbers?

Did you see the power of compounding in there?

Can you see the benefit of starting sooner than later?

Or anything else you might find interesting.