The NetWorthXI journal

Understand your
financial picture.

Practical explanations, worked examples and the assumptions behind the numbers.

THE BASICS · 3 MIN READ

How to calculate your net worth without double-counting

A useful balance sheet starts with a consistent date and a clear distinction between what you own and what you owe.

WEALTH CONTEXT · 3 MIN READ

An age-group benchmark can provide perspective. It cannot tell you the exact percentile of an individual person.

PLANNING · 3 MIN READ

A projection is most useful when you can see the assumptions that move the result.

THE BASICS · 3 MIN READ

Total wealth and accessible wealth are related measures. They answer different questions.

LONG-TERM GOALS · 3 MIN READ

The timeline depends on the starting balance, contributions, return assumptions and what you mean by “a millionaire.”

SAVING · 3 MIN READ

Turn a target into a contribution amount, then check whether the plan fits your cash flow.