Читать книгу Finances After 55 - Sylvia Lim - Страница 30

When calculating your own net worth, don’t rush. Take your time. You may want to take a break or two, if you need to do so. Remember, your net worth is a financial snapshot of what you’re worth as of a particular moment. Keep taking those snapshots, at least once a year, to measure how you are progressing, and assess whether or not your progress is sufficient to fund the kind of retirement you want.

Can you supplement your income from investments and retire? Do you need to work a few years longer? Can you downsize your home and change your net worth snapshot for a better retirement? These and other questions can be answered only after the snapshot is taken.

This process is a crucial one, as it is one of the starting points for planning all phases of your retirement. Use the Net Worth Worksheet to complete your financial snapshot today.