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Reply to "Value of pension in net worth calculation"
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[quote=Anonymous]We don’t consider it much, just like we don’t consider SS much, when thinking about retirement or our net worth. We both expect to have pensions. We thought my DH would have a pension worth 150k/year and was in his dream job which he planed to retire from in about 10 years. But then, like many people, he lost that Federal job/had to switch jobs this year and will instead receive a pension worth 60k/year (but will start to collect at a younger age). We use an app/computer program to monitor spending/savings/net worth and it doesn’t include pensions or social security so really don’t think to include them unless thinking of income in retirement. [/quote]
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