A study by the Federal Reserve found that the number of households with a net worth of $1 million or more has been steadily increasing over the past few years, with 10.2% of households having a net worth of $1 million or more in 2019, up from 8.5% in 2016. The study also found that […]
Personal Finance
Should You Sell Your RSUs When They Vest?
Restricted Stock Units (RSUs) are a form of equity compensation often given as part of an employee’s compensation package. When RSUs vest, employees receive shares of company stock, and the question arises: is it better to sell the shares immediately or hold onto them? The decision of whether to sell or hold RSUs depends on […]
Is Your Net Worth in the Top 1%?
Understanding net worth percentiles and the top 1% of people by net worth by age can be helpful in determining how one’s finances compare to others in their age group. According to the Federal Reserve, the median net worth for all households in the United States was $121,700 in 2020. However, net worth varies widely […]