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Reply to "Why subtract mortgage balance from your net worth?"
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[quote=Anonymous][quote=Anonymous]Pro tip: Ignore the value of your primary residence completely to keep things simple. You likely need a house to live in regardless of age. Why fool yourself into thinking you have more than you can really access?[/quote] This is not a pro tip. There is a reason almost every analysis of net worth includes home equity. It is an asset (usually a major one) for the individual. There are multiple ways to make it liquid if needed.[/quote]
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