Originally Posted by Tom52
As a reference our retirement home will be valued at approx. 15% of our net worth, but the home will not be included in our net worth calculation. Hope that makes sense.
I would suggest that your home is most certainly part of your net worth. It is an asset which has a value. However, I would suggest that most would not consider the value of the home as part of your portfolio.
That is, yes, equity in a home is part of net worth. However, in determining a withdrawal rate for a portfolio I would not include the equity of the home.