Comments on: Net Worth: How To Include Your Retirement Account

By: How to Determine Your Net Worth : Finandom dot Com

How to Determine Your Net Worth : Finandom dot Com — Sun, 25 May 2008 15:59:13 +0000

[...] and also including the estimated taxes you have to pay upon taking out the money. You can read this article to find out more details of the [...]

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Your page is now on StumbleUpon! — Fri, 22 Feb 2008 22:54:21 +0000

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By: glblguy

glblguy — Sat, 22 Sep 2007 16:37:48 +0000

Thanks DR, great article!

By: The Daily Dough (We Reached 1,000 Visitors Per Day edition!) » The Dough Roller

Sat, 22 Sep 2007 11:11:41 +0000

[...] Gather Little By Little responds to a reader’s question about how to include retirement accounts in a net worth calculation. [...]

By: dr

dr — Sat, 22 Sep 2007 10:35:18 +0000

Related to this topic is whether, when determining asset allocation, you should reduce 401(k) money be the estimated tax you’ll eventually pay before determining asset allocation. Of course, this will only matter if you also have money in taxable accounts or Roth accounts that are part of the allocation. Here’s an article (in pdf format) I recently read on the topic: http://www.rmi.gsu.edu/FSR/abstracts/Vol_07/Volume%207%20Number%203/V7-3%20A4.pdf

By: FinancialDominance.com » Weekly Highlights and Carnivals - Sick Kid Edition

FinancialDominance.com » Weekly Highlights and Carnivals - Sick Kid Edition — Sat, 22 Sep 2007 04:17:03 +0000

[...] Gather Little by Little responds to a reader asking how to include a 401k in their net worth calculation. [...]

By: Around the PF Blogosphere: September 20, 2007 | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing

Fri, 21 Sep 2007 02:10:29 +0000

[...] Little By Little explains how to include retirement accounts in net worth calculation. I wonder what’s the meaning of including future taxes from distribution [...]

By: glblguy

glblguy — Thu, 20 Sep 2007 20:42:37 +0000

@Bunk – Thanks Bunk! Glad you like the blog…tell your friends! and I appreciate your comments!

@dong – When I was writing the response, I seriously thought about this and is why I mentioned the 10% penalty. As you implied, it boils down to how comfortable you feel about it. I’m pretty conservative as well. Thanks for dropping in and for adding your perspective!

By: dong

dong — Thu, 20 Sep 2007 17:19:35 +0000

While it’s perfectly reasonable not to include it, I like to be conservative with my estimates and include the 10% withdrawal penalty in addition to taxes for the 401k and IRA account given that if I really did want to touch the money right now I’d most likely be hit with it.

By: Bunk

Bunk — Thu, 20 Sep 2007 16:35:20 +0000

Great article!

To me there is a difference between the networth of a Roth IRA and the “potential” networth of that Roth IRA, espcially if one is investing with it.

Im liking your blog more and more.