Читать книгу Finances After 55 - Sylvia Lim - Страница 16

In dollar terms, how much are you worth today? If you had to make a comparison between your financial situation today and your situation as it will be ten years from now, or as it was one year ago, would you know how to go about doing it? This chapter will take you through a process called the net worth calculation, by which you can answer these questions.

This step is a crucial one, as it helps you to see where you’re at financially today. To put it another way, if you sold all your valuables and paid off all your debts now, what would you have left? The amount left is your net worth today.

The calculation serves as an objective starting point by which you can measure your future financial progresses and/or setbacks. Use the Net Worth Worksheet included online at www.self-counsel.com/updates/after55/bonus.htm as Worksheet 2 (Sample 2 at the end of this chapter is an example of this worksheet,) to complete your financial snapshot today.