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Reply to "Question for those of you to track your net worth"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Op here. Thanks for the responses. Shouldn’t a net worth be what you could actually realize if you had to sell everything?[/quote] No. Of course not. That's absurd and makes no financial sense.[/quote] Different PP but a key reason I track my net worth is to get a sense of 1/ what would happen to our family if I was forced to retire tomorrow or be under employed for the foreseeable future (I am currently 45); 2/ what my kids would inherit if me and my DH died tomorrow. So having an idea of roughly what would be converted in cash if we sold everything is not stupid to me. For example in both scenarios we probably wouldn’t keep our 1.5M house and we would go back to the starter house we kept and are currently renting. [/quote]
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