Page 5 - Power 100 Summit Booklet.pptx
P. 5
Lever 1 - Net Worth: The True Scoreboard
of Wealth
Core Idea
Wealth is measured by net worth, not income. It's the appreciating
assets you keep, not what you earn, that matter most.
Formula
Assets – Liabilities = Net Worth
Net Worth Calculator
Current Assets Investment Assets
Assets - What You Own Value Assets - What You Own Value
Cash on hand 401(k) or 403(b) plan
Checking accounts Annuities
Savings accounts IRAs
Money market accounts Other retirement assets
Short-term certificates of deposit Long-term certificates of deposit
Cash value of life insurance Stocks/Stock mutual funds
Other Bonds/Bond mutual funds
1.Total current assets Other
2. Total investment assets
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