Net worth is about 3.3m, with about 700k of that in equity and 600k left in mortgage. So about 23% of current networth.

We also both have pensions which do not factor into our net worth but do factor into our ability to retire on a smaller pile. And I am a beneficiary of a trust, but do not draw from it at all (it supports my mother in assisted living and,soon, memory care) but will probably yielded 2-3m principal depending on her care/needs/longevity.

we will probably downsize once kids off to college and possibly buy an additional condo elsewhere so probably a wash.

Anonymous wrote:75%

Paid-off condo = $685,000
Total net worth = $910,000

Unlike others here, I don’t believe that low-interest debt is a gift from the gods. Not having a mortgage makes my life so easy and stress-free, despite the fact that I don’t have a super high income. My monthly expenses are under $3,000 so I have a huge margin of safety every month.

Also, it allows me to live in a great condo in a great location, which is important to me. Travel, dining out, etc. are totally unimportant to me, so I have spent a lot (relatively) on the one thing that matters to me.

Are you not worried about only having 225k in assets outside your home though? Will you have a pension or something?
For retirement, 225k will only generate $750/month and that's before taxes and doesn't include any buffers for emergencies, long term care etc.

97%

Retiring on Jan 2, 2025, assets 3 million (not including home or 529s). Home has $50k mortgage balance, is worth 1.2 million (conservatively). One in undergrad, one working but will go to grad school in a year or two - 529s will cover remaining undergrad plus grad school for both.

NW about 5.5-5.7M with home worth at least 1.5 M about 490k mortgage left.

Widow

NW $2M roughly
Mortgage $200K @ 3%, house value $750K

27%

A lot more than if you would’ve asked before last week

NW 7.5m, 850k home, no mortgage

Anonymous wrote:We seem to be way out of balance.

Net worth is $2.6 and about $1M of that is our home equity.

About 38%

Depends on age. You must be quote young. As you get older, RE will become a lower percentage of your overall NW.

We seem to be way out of balance.

Net worth is $2.6 and about $1M of that is our home equity.

About 38%

I think assets, not including home, are about 3M between DH and I.

Home value estimate is about $1.2M. We still have about 500k mortgage.

Home equity = 23% or so.

NW about 5m, homes about 2.5m. So 50%. No mortgage. probably should sell the empty covid house.

Home equity is around 25% of NW

Net worth around $5M (including home equity and retirement), home itself worth about 1.2M, owe about 250k.

Net Worth $120B / home value $1.4M / $0 mortgage

-Warren B.