dstig1
Elite Member
- Joined
- Apr 7, 2010
- Messages
- 4,791
- Location
- W Wisc
- Tractor
- Kubota L5240 HSTC, JD X738 Mower, (Kubota L3130 HST - sold)
I find our net worth statement to not be all that useful. We signed on with some advisors several years back to help manage investments/retirement, and so my wife and kid would have some guidance if I kick the bucket first since I have always handled all of this. They always show us the net worth statement in our meetings and I am always like so what? A good chunk of it is the house value (which is always a guess until you actually sell it, and ours is especially difficult to value given the uniqueness) and since my plan is to drop dead here, that is of no real value to our real world position. Now if you exclude the house, then sure, that is more relevant IMO.