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re: 100K Net Worth

Posted on 7/29/15 at 2:17 pm to
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8801 posts
Posted on 7/29/15 at 2:17 pm to
I have $100K in retirement (the wife and I do), but we have $200k in house debt, so it will be a few years...


ETA: I just ran the numbers again, and we have a net worth of almost $200K, when I factor in cash in accounts, retirement and equity in the house.
This post was edited on 7/29/15 at 4:14 pm
Posted by Korkstand
Member since Nov 2003
28893 posts
Posted on 7/29/15 at 3:25 pm to
quote:

I have $100K in retirement (the wife and I do), but we have $200k in house debt, so it will be a few years...
Nah, home equity counts toward net worth, so unless you're upside down on it, your house adds to your net worth.
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