Are You a Millionaire Next Door?
Thomas Stanley's formula reveals whether you're building wealth at the pace your income allows.
Stanley & Danko's Wealth Formula
Expected net worth = age × pre-tax household income ÷ 10
Yearly, from all sources except inheritances.
Everything you own minus everything you owe. Negative values work too.
Classification Scale
Based on the wealth formula from The Millionaire Next Door by Thomas J. Stanley and William D. Danko (1996). It is a rule of thumb, not a precise benchmark. Because it multiplies age by income, it expects a lot from younger high earners: a 25-year-old earning $100,000 is expected to have $250,000. It does not adjust for inheritances, windfalls, or regional cost of living.
Track your net worth and watch your classification improve over time
Start Growing Your Net WorthFree PRO trial for 30 days. No credit card required.