I'm 35. Am I actually doing well financially?

At 35, it's natural to wonder whether you're financially where you should be. Maybe you're earning more than ever, but your savings don't quite reflect it. Or perhaps everyone around you seems to be buying homes and building wealth faster.

Here's the thing: there's no single number that determines whether you're doing well financially at 35.

Start with your net worth

Your net worth gives you a clearer picture of your financial position than your salary alone.

Net Worth = Total Assets − Total Liabilities

Add up everything you own, including savings, investments, retirement funds and property. Then subtract everything you owe, such as home loans, personal loans and credit card debt.

Three signs you're on the right track

• Your wealth is growing: Your assets are increasing, your debts are reducing, or both.
• You have a financial cushion: You can manage unexpected expenses without immediately borrowing money.
• You're working towards something: Whether it's buying a home, supporting your family or retiring early, your finances are moving you closer to your goals.

Someone earning ₹15 lakh and consistently building savings may be in a stronger financial position than someone earning ₹30 lakh with significant debt and little accumulated wealth.

The takeaway: Don't just compare your salary or net worth with others. Look at how far you've come, how financially secure you feel and whether you're making progress towards the life you want.