1. What is Wealth Comparison?

The Wealth Comparison Ratio compares your net worth to the average net worth in your country. It helps you understand how your financial situation compares to others in your national context.

2. How Does the Calculator Work?

The calculator uses a simple ratio:

Where:

• Your Net Worth — Total assets minus liabilities in USD
• Average Net Worth — Median net worth for adults in selected country

Interpretation: A ratio of 1 means you're exactly at the national average. Below 1 means below average, above 1 means above average.

3. Importance of Wealth Comparison

Details: Comparing your wealth to national averages helps with financial planning, retirement preparation, and understanding your relative economic position in society.

4. Using the Calculator

Tips: Enter your total net worth in USD (all assets minus all debts) and select your country of residence for accurate comparison.

5. Frequently Asked Questions (FAQ)

Q1: What counts as net worth?
A: Net worth includes all assets (cash, investments, property) minus all liabilities (mortgages, loans, debts).

Q2: How often are average net worth figures updated?
A: National averages typically come from annual surveys and may lag by 1-2 years.

Q3: Why compare to median rather than mean?
A: Median (middle value) is less skewed by extremely wealthy individuals than mean (average).

Q4: Should I include my home equity?
A: Yes, primary residence equity is typically included in net worth calculations.

Q5: How does age factor into this comparison?
A: This calculator uses overall national averages. Wealth typically accumulates with age.