Reply to What is your age and net worth?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have no idea. Out HHI is around 300K. We own two condos fully paid for, one here, one in Europe. One rented and mom gets the income from the rent over there, because she needs it. Condo in the mountains... we are not renting, so it is a bit of drain, but we like it.( condos might add upto 700K) Right now we have 2 in college so not saving. We have about 300K in this house cash put in. So, I guess, by dcum standards we are piss poor.[/quote]

It is very easy to do the math. Your net worth is your assets minus your liabilities. So in your case, you would add up the value of all of your real estate, plus your savings, and subtract your mortgages and any other debt. Your household income of 300 K has zero to do with your net worth.[/quote]
So, in that case net worth around 900K. [b]But, that is with property values now, who knows in 10 years how much could I sell it for?[/b] Hopefully more, but that is not assured. Age, 49. We do have 401 and retirement saved.[/quote]

No one asked what you think your net worth will be in ten years.  We're talking about now.  [/quote]
OK. Ms Grinch! I was just writing![/quote]
I’m not the PP, but 401k and other savings are part of your net worth also.......[/quote]

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