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Reply to "Question for those of you to track your net worth"
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[quote=Anonymous]Your tax rate in retirement is unknown, and you don't reduce the value of your taxable accounts by the amount of tax you'd pay if you sold them now, so no. You also don't reduce your net worth by factoring in the potential future impact of inheritance taxes on the value of your estate for your heirs, for the same reason. Your net worth is the value of all your investments, taxable or not, and home equity. If you have unusually valuable vehicles, jewelry, artwork, or other non-financial assets you can include their fair market value if material. [/quote]
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