I'm very conservative, so when I think of net worth, I think of turning everything I own into a giant pile of $1 bills and rolling around in it. So I do accrue deferred taxes as a balance sheet liability next to each of my tax deferred accounts.
I accrue the tax deferral at a rate of 48%...about my marginal tax rate. It sits on my balance sheet just like the mortgage on my house did. ("Did"...past tense...still makes me smile
To the many posts, this is undoubtedly a ridiculously conservative way to think about it...but when I say I'm "done", I want to be done. No down side surprises.
I'm now searching for other, future expenses that I should stick on the "future me" balance sheet and start hammering on. There are likely two weddings in the future and my daughter watches those d*mn bride shows every day...probably ought to accrue big for those...