How important is net worth to you?

It's fairly important. I am able to monitor it daily through Quicken. I know at all times what I am worth.. within a few hundred dollars.

I do have age milestones but I am more concerned with investable assets than net worth.

not too hijack this thread...but do you consider equity in your home in your net worth? what about a vehicle that's paid off?

I have a spreadsheet where track cash (checking, money market), IRA (traditional and Roth), 401K, my trading account, mutual funds and cash value of life insurance. I do not include the equity in my home or the value of my cars. I used to update every 6 months but now that I am retired I update every quarter and rebalance if needed. Annually, I also update the estimated amount of Social Security my wife and I will receive.

As long as you have a plan, I don't believe you need to look at it very often. By keeping an updated spreadsheet I have the opportunity to monitor my progress and plan ahead.

I use it for a metric to determine how much insurance I should have. That's about it.

I've found that closely tracking my net worth is not particularly helpful and encourages my Scroogiest tendencies. I'm making a concerted effort to ignore it.