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Money and Finances
Reply to "What is net worth and why does it matter?"
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[quote=Anonymous]Sobering thought PP and I’ll add I’m in my 50’s. My friends in their 40’s still view NW as a measuring stick. At my age, I view it as a future quality of life issue and not burdening my children. The realization of “you’ve got what you’ve got and that’s it” starts to hit for most people near 50. Even if you were a saver all along, as I was, it’s still just this nebulous “I should be saving because I know I should be” mentality until you are facing the impact of your future head-on. At that point, you want to be the person who says, “whew, I’m glad I saved”. Trust me. Because even then it’s still pretty daunting. [/quote]
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