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Reply to "Do you include your home equity in net worth ? "
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[quote=Anonymous][quote=Anonymous]I understand academically it’s part of our net worth. But when we discuss our “number” (to retire) we don’t include it because we need a place to live and it’s also not throwing off income. [/quote] I count it because I could always sell it and rent instead. Some assets that you own help you save money, but of course they are still convertible to cash. And what if it was worth $25MM? You would leave that off your net worth calc?[/quote]
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