▲ 29 r/AskAKorean
My Korean friend says it's normal to have around 200 million won net worth by early 30s. How realistic is this?
I've been living here a few years and I can understand the average Korean is very much interested in personal finance. Everyone is talking about stocks, and investing, and everyone in their 20s does it.
My friend here himself told me he has over 400 million KRW net worth at age 31. No house, just in his brokerage account.
Is this normal by Korean standards? In Australia, unless you are a very high income earner, that would put you in the top 5%? (don't take my word for it).
What would you even say is the average net worth of an average 30 year old?
Cheers!
u/mangodrives — 3 days ago