[QUOTE=solarguy09;393143]Congrats.
Knowing the numbers is so important..
Also I never include my Home Equity. I do count it in my NET worth, but not for future living expenses..
That way I am excluding approx 300K of non liquid assets from my projection.
QUOTE]
I read an interesting quote went something like this
Customer to Advisor. My current house is worth 300,000(say)fully paid for. I only actually calculate it at 100,000 in value" why is that? " because I will have to live somewhere and if I figure when I retire I will down size and spend 200k then that leaves me 100k in assets to work with not the full 300k.
Something I never really thought of. In that context anyway. dDoesn't really flow with what is happening here but may add some light.