Net worth is a measure of wealth. You can calculate your net worth by taking all of your assets and then subtracting your liabilities. Anything that you own with a monetary value can be counted as an asset. This includes cash, your StashAway portfolios, investments, and paid-off property. Liabilities are anything that you owe. This includes mortgages, car loans, education loans, and credit card debt.
Articles in this section
- How can StashAway help me with my financial plan?
- What is financial freedom?
- What is net worth?
- What’s the difference between my existing retirement portfolio and this financial planning tool?
- How does StashAway calculate the target amount required for me to achieve financial freedom?
- What are the rules and assumptions used in calculating my CPF projections?
- Why do we need to account for inflation in our financial planning?
- Why does StashAway assume that during financial freedom years, all assets will only grow at 4% p.a?
- What is inflation, and what inflation rate does StashAway use when calculating my projections?
- What does my money in “today’s value” mean? Why does StashAway use today’s value to compare my projected income and target income?
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