How can you ignore retirement plans in the calculation?

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Jan 26, 2015
8:18:39am

Fdnman

How can you ignore retirement plans in the calculation?

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Fdnman

Bio page: Fdnman
Joined: Sep 5, 2002
Last login: May 14, 2024
Total posts: 33,740 (487 FO)

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Messages

Author

Time

Net worth by age.

BluePete

1/26/15 8:09am

Safe to say TNT comes in under the average

TNT

1/26/15 8:11am

Those are some pathetically low averages for the US. I hope no one here is that

cougarick

1/26/15 8:13am

How can you ignore retirement plans in the calculation?

Fdnman

1/26/15 8:18am

Looks like they only ignored pension plans. Which I can understand since the

LaserCoug

1/26/15 8:22am

It says ignore pensions. How about IRAs or 401Ks?

fulano

1/26/15 8:22am

is that "pension plans, the cash value of life insurance policies, or the value

Stop_JimmerTime

1/26/15 8:25am

I include my pension plan. I'm required to

Tuss

1/26/15 8:30am

That is terrible.

mosterlow

1/26/15 8:14am

Hope and Change You Can Believe In.

BluePete

1/26/15 8:35am

The individual is accountable for their own net worth, not a government

mosterlow

1/26/15 2:39pm

Gee, really?

BluePete

1/26/15 2:45pm

True, but I think this says more about the number of those 40 and younger

mosterlow

1/26/15 2:53pm

This is surprising. Those numbers seem low...

Stop_JimmerTime

1/26/15 8:18am

Taking mortgage and student loans into the equation, I'm surely negative.

CrackerJack

1/26/15 8:19am

Mortgage should only hurt you if your house has lost value from when you bought

Stop_JimmerTime

1/26/15 8:20am

I don't believe it has but we're only two years in so we haven't had a chance to

CrackerJack

1/26/15 8:22am

Is your house worth more than you owe?

jota

1/26/15 8:31am

Gotcha. I was just thinking of how much I owe and that's more than

CrackerJack

1/26/15 8:43am

These numbers seem more reasonable:

Stop_JimmerTime

1/26/15 8:35am

I'd love to know how many 30-year olds there are in the US with $130 grand

hansel

1/26/15 8:38am

The first site made me feel great. This one makes me feel like a total slacker

LaserCoug

1/26/15 8:39am

Same.

Stop_JimmerTime

1/26/15 8:40am

In fairness, the guy who runs that blog is a very focused personal financial net

My Soapbox

1/26/15 8:45am

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