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[quote=Anonymous][quote=Anonymous]It doesn't matter what other people say. I would count your net worth as an asset that supplements your pension. Retirement is ultimately about cash flow and not net worth. Your net worth can fluctuate a lot on an annual basis, so that number doesn't really mean much.

[b]But obviously your kids can't inherit your pension[/b], so its value is zero for  estate planning purposes. [/quote]
That depends on some pension plans. For example, a federal or some state LEO pensions in which the pensioner elected survivor benefit rights would provide a tiny monthly distribution to a surviving dependent child under the age of 22, as long as the child is a full-time student. My DS receives approximately $440 a month from my late DH's $98k pension. I receive 40% of his late pension. I'd rather not receive anything and for him to be here with me. I digress. To the OP, I don't consider it assets, but rather income. DH also considered it income because upon his death, the family income dropped immediately. [/quote]

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