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Reply to "Value of pension in net worth calculation"
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[quote=Anonymous][quote=Anonymous]Yes, pensions eventually die, but to the degree that [b]they preserve withdrawals of other assets, they increase that wealth. So, yes, pensions are an asset[/b], but their lifetime is uncertain. Of course, you can calculate a value based one’s life expectancy or you can think of its value as the growth of other assets that would have otherwise reduced to support your current living. [/quote] Bullshit. That's like saying if I spend less money in retirement than my 401k would permit it's an "asset." That's not how it works.[/quote]
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