Personal Finance (Not Investing) • Net Worth Averages in different professions

Reasonable goals of liquid assets:
Engineers: $5 MM
Physicians: $10 MM

This must be a joke. Too high.

Dave Ramsey just had a video out talking about their survey of Millionaires in the US and profession. #1: Engineers.

I'm a recently retired engineer. Total net worth: $5M. Annual spend while working: $50k. Annual spend now: $75k.

I don't think your 50k spending is the norm for engineers. My guess is most engineers spend more than that. I took the thread as trying to determine the typical or median, not exceptions.

Statistics: Posted by Borqa45 — Sat Jan 27, 2024 12:15 am — Replies 61 — Views 6220

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