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Money and Finances
Reply to "What is net worth and why does it matter?"
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[quote=Anonymous]It's helpful to know. We are facing massive medical costs this year, and I know our net worth (~$2M), and we're in our mid-40s, so I feel OK dialing back retirement saving this year to increase our takehome (increase our cash flow) temporarily to cover all these medical bills. Because I know our net worth I'm comfortable that we'll be OK for college and retirement if we stop contributing for a year. [/quote]
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