The Clock Is Ticking
If you’re a regular reader of Bitcoin Basics, you likely already know that Bitcoin is the most scarce asset on Earth. That’s why it makes perfect sense for you to accumulate as much Bitcoin as possible while you’re still actively working — before retirement sneaks up. The sooner you start stacking, the better positioned you’ll be for financial freedom in the future.
They say that comparison is the thief of joy, but, the price of Bitcoin is up, and just doesn’t seem to ever want to come back down, so let’s have some fun.
First things first, let’s start by taking a look at the Median Family Net Worth by Age. Data from Statistics Canada has found that the average Economic Family, meaning the combination a Husband and a Wife in a working unit.
The first thing that is noticeable is that the median net worth under 35 years old seems very low. If it seems low to you, that is a good thing, it means that you are ahead of your peers. At a young age, it is easiest to get ahead. As you get older, it takes a lot more wealth to stay ahead.
The oldest generation has had the longest amount of time in the market to accumulate assets, they have bought their home and have since paid it off, they have reached the peak earning…
