Anonymous
12/15/2015 15:42
Subject: Networth as a multiple of your income
~30x HHI when I was working; ~35-40x HHI now
60 (DW = 55)
Retired at 58 (DW still works)
60 (DW = 55)
Retired at 58 (DW still works)
Anonymous
12/15/2015 15:32
Subject: Networth as a multiple of your income
.7x (+ 2 fed pensions)
33/32
mid 60s
we're still chipping away at 200K + in law school loans so hopefully these numbers will start looking a lot better in the next 5-10 years.
third poorest, woohoo
33/32
mid 60s
we're still chipping away at 200K + in law school loans so hopefully these numbers will start looking a lot better in the next 5-10 years.
third poorest, woohoo
Anonymous
12/14/2015 10:56
Subject: Networth as a multiple of your income
1. About 3x
2. 35
3. Not sure, but DH days "early" - but he also talks about a low key 2nd career, so who knows.
2. 35
3. Not sure, but DH days "early" - but he also talks about a low key 2nd career, so who knows.
Anonymous
12/11/2015 12:14
Subject: Re:Networth as a multiple of your income
1.68x
33/31
~50
33/31
~50
Anonymous
12/11/2015 12:11
Subject: Re:Networth as a multiple of your income
2x
32
60
32
60
Anonymous
12/07/2015 15:27
Subject: Re:Networth as a multiple of your income
Anonymous wrote:Anonymous wrote:Anonymous wrote:Just so we're all in the same page: Does HHI include your mortgaged primary house? E.g. I have a $500,000 house but owe $350,000 on it still. Would that be considered only $150,000 towards my HHI? Also assuming 401K account counts towards HHI?
HHI is income, so the house doesn't count at all. You would count $150,000 in the net worth column.
Sorry. Yes thats what I meant. Do you include 401k, 529 etc towards net worth?
Net worth = all assets minus all liabilities
Anonymous
12/07/2015 13:25
Subject: Re:Networth as a multiple of your income
Anonymous wrote:Anonymous wrote:Just so we're all in the same page: Does HHI include your mortgaged primary house? E.g. I have a $500,000 house but owe $350,000 on it still. Would that be considered only $150,000 towards my HHI? Also assuming 401K account counts towards HHI?
HHI is income, so the house doesn't count at all. You would count $150,000 in the net worth column.
Sorry. Yes thats what I meant. Do you include 401k, 529 etc towards net worth?
Anonymous
12/07/2015 11:31
Subject: Re:Networth as a multiple of your income
Anonymous wrote:Just so we're all in the same page: Does HHI include your mortgaged primary house? E.g. I have a $500,000 house but owe $350,000 on it still. Would that be considered only $150,000 towards my HHI? Also assuming 401K account counts towards HHI?
HHI is income, so the house doesn't count at all. You would count $150,000 in the net worth column.