Old 10-31-2019, 01:19 PM
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Join Date: Apr 2010
Location: North Texas
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Originally Posted by beernutzbob View Post
It is a pretty clear indicator of your financial health. It tells you how much of an emergency fund you have available. It helps you decide whether you can retire comfortably or not.

I have read that as much as a third of all retired people rely almost totally on social security payments for income. I bet they'd wished they had paid more attention to their net worth when they were working and had a chance to improve it.
You are saying if you know what the number is you can decide whether you are in good shape or not. Whatever makes you warm and fuzzy...

Pay your debts, put away all you can and that number is going to be whatever it is going to be.