Net Worth

[Eddie Teach]

Mine is not.

[Tamas]

Hell no.

[Habbaku]

Nope. I'm about 3 years out.

[Admiral Yi]

There is an apples and oranges aspect.  Most gringos are going to have 401ks which look a lot like net worth and many if not most yuros are going to have defined benefit pensions that don't get counted.

[Maladict]

I'll probably have paid off enough of my mortgage to qualify in ten years or so.

[Josephus]

I work in newspapers

[Habbaku]

There is an apples and oranges aspect.  Most gringos are going to have 401ks which look a lot like net worth and many if not most yuros are going to have defined benefit pensions that don't get counted.

Why shouldn't defined benefit pensions get counted? The value of those is not trivial to calculate, but nor is it insurmountable. If the enlightened balls of light are ignoring the value of them, then, sure, that'd be silly. Just as silly as an American not taking away the value of whatever home/student/medical loans they have.

[Iormlund]

There is an apples and oranges aspect.  Most gringos are going to have 401ks which look a lot like net worth and many if not most yuros are going to have defined benefit pensions that don't get counted.

I would be very (and pleasantly) surprised if I see some of that pension money. The system in Spain is basically bankrupt.

As for the OT I'm about to sink my savings into real estate. With a bit of luck and my usual lack of spending (no kids!) I can pay the mortgage off in ~15 years. That would leave me another 10 or so years to save up for retirement, if such a thing still exists.

[Admiral Yi]

Why shouldn't defined benefit pensions get counted? The value of those is not trivial to calculate, but nor is it insurmountable. If the enlightened balls of light are ignoring the value of them, then, sure, that'd be silly. Just as silly as an American not taking away the value of whatever home/student/medical loans they have.

As silly as an American not including Social Security? 

[Habbaku]

I would discount Social Security to ~70% of expectations. 

[Camerus]

My wife and I are formidable savers. 

[Tamas]

My wife and I are formidable savers. 

My wife is a formidable saver. I am... less so

[crazy canuck]

Most everyone in Vancouver who bought a house more than 10 years ago would vote yes.

[The Brain]

Most everyone in Vancouver who bought a house more than 10 years ago would vote yes.

Stockholm is the same.

[HisMajestyBOB]

I just barely break even. Thanks student loans!
I am a lot closer to 100k if you take Redfin's wildly optimistic valuation on my house instead of using the last appraised value or a reasonable estimation.