Quote:
Originally Posted by dewilson58
A $1,000/mth pension at age 70 is worth less than $150,000 NPV. Not a big number.
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Well, maybe $150K is not a big number to you; congratulations. But the census bureau says the average net worth of a person 70-74 is 181,078. My point is that by including that $150K pension net present value in the net worth calculation makes a big difference. And it would, obviously.