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Author: cyberisme Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5056  
Subject: Re: How do you calculate Net Worth? Date: 8/22/2003 1:50 PM
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Now this doesn't make sense to me. How does this stuff help you retire? This is the FIRE wannabee, board right?

It seems meaningless to include anything in your net worth calculation that you must then subtract when computing a safe withdrawal rate.


For overall Networth - they are factored in.

For figuring out money needed to retire they aren't.

FWIW for figuring out my money needed to retire, I do not include my home equity, vehicles, etc. I ONLY include liquid cash accounts.

C.
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