Net Worth Poll
Posted: Fri Jan 07, 2022 3:58 am
After the last couple of years of stock market madness, what is your (family's) current net worth?
So how long is the pandemic gonna last...?
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Re: Net Worth Poll
Posted: Fri Jan 07, 2022 4:42 am
Pandemic level would be longer (since life is cheaper).
So how long is the pandemic gonna last...?
So how long is the pandemic gonna last...?
Re: Net Worth Poll
Posted: Fri Jan 07, 2022 4:54 am
It also depends on the options I go for on the new Panamera...
Re: Net Worth Poll
Posted: Fri Jan 07, 2022 5:14 am
- To the two of you (so far) who responded "26-35 years of spending": Wow. Well done.
- This thread has made me realise that I don't even know how to calculate my net worth.
Re: Net Worth Poll
Posted: Fri Jan 07, 2022 5:21 am
Well done indeed.AreTheyTheLemmings? wrote: ↑Fri Jan 07, 2022 5:14 am
- To the two of you (so far) who responded "26-35 years of spending": Wow. Well done.
- This thread has made me realise that I don't even know how to calculate my net worth.
I'm still in the "less than one year" category
Re: Net Worth Poll
Posted: Fri Jan 07, 2022 5:24 am
Oh, it's pretty simple. Just add up all your cash and investments, subtract any debt, and that's your net worth. Some people add in the value of their cars and other posessions, but I don't bother. I assume my manshon is worth at least the remainder of the mortgage, so just cancel those out.AreTheyTheLemmings? wrote: ↑Fri Jan 07, 2022 5:14 am This thread has made me realise that I don't even know how to calculate my net worth.
Calculating annual spending is a bit trickier, I'm actually writing a blog post about that topic at the moment (which might have inspired me to make this poll). It's pretty fuzzy and open to interpretation, which is fine. It is a self-reported anonymous poll, after all
Re: Net Worth Poll
Posted: Fri Jan 07, 2022 6:57 am
Thanks for that. Vote changed.RetireJapan wrote: ↑Fri Jan 07, 2022 5:24 amOh, it's pretty simple. Just add up all your cash and investments, subtract any debt, and that's your net worth. Some people add in the value of their cars and other posessions, but I don't bother. I assume my manshon is worth at least the remainder of the mortgage, so just cancel those out.
In the meantime, someone has voted for "51+ years of spending." How does...? I don't even...
Re: Net Worth Poll
Posted: Fri Jan 07, 2022 7:14 am
I went with 6-10 years.
But this is would require a 30% reduction in spending, which would be pretty logical if we were laid off.
Spending during retirement and spending with young children are not comparable.
But this is would require a 30% reduction in spending, which would be pretty logical if we were laid off.
Spending during retirement and spending with young children are not comparable.
Re: Net Worth Poll
Posted: Fri Jan 07, 2022 7:16 am
AreTheyTheLemmings? wrote: ↑Fri Jan 07, 2022 6:57 amRetireJapan wrote: ↑Fri Jan 07, 2022 5:24 amOh, it's pretty simple. Just add up all your cash and investments, subtract any debt, and that's your net worth. Some people add in the value of their cars and other posessions, but I don't bother. I assume my manshon is worth at least the remainder of the mortgage, so just cancel those out.
In the meantime, someone has voted for "51+ years of spending." How does...? I don't even...
MSRP: From ¥12.49 millioncaptainspoke wrote: ↑Fri Jan 07, 2022 4:54 am It also depends on the options I go for on the new Panamera...
Re: Net Worth Poll
Posted: Fri Jan 07, 2022 7:20 am
It's pretty impressive. I hope to get there someday, but it would require the current stock market bull run to continue for... quite a bit longerAreTheyTheLemmings? wrote: ↑Fri Jan 07, 2022 6:57 am In the meantime, someone has voted for "51+ years of spending." How does...? I don't even...