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re: Excluding home equity, the median 40-44 year old has a net worth of just $58,000

Posted on 1/8/24 at 8:17 pm to
Posted by WDE24
Member since Oct 2010
54193 posts
Posted on 1/8/24 at 8:17 pm to
quote:

does the calculation that excludes home equity ALSO exclude a mortgage if there is one?
It only excludes the equity, thus the liability of any mortgage is offset by the value of the asset up to that liability.
This post was edited on 1/8/24 at 8:18 pm
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