Forget about NETWORTH. It is so misleading and sometime useless information for someone current situation.
If I have mortgage to pay and bills pilling up NOW then $0.5 million dollar of networh that sitiing in my house, my cars, my 401k, my IRA doesn't really help.
People that has $5000/mon. from retirement and has zero networth is better of than people that has $300k networth but zero cash.
enuff
If I have mortgage to pay and bills pilling up NOW then $0.5 million dollar of networh that sitiing in my house, my cars, my 401k, my IRA doesn't really help.
People that has $5000/mon. from retirement and has zero networth is better of than people that has $300k networth but zero cash.
enuff