This is something that I think a lot of people are benchmarking their networth to.

Often, I receive email asking if they’ve done good enough by accumulating $X at the age of Y. To be honest, any answer you may get is going to be arbitrary at best because every single permutations depend on many mutual factors that are very relative.

Networth, by its own definition, is very personal.

To me, in the local context, networth should consists of all liquid funds including cash, bonds, stocks and gold and also includes retirement social security such as cpf and any endowment plan that have yet to mature.

I have excluded property used for own stay for both the equity and liability portion because I believe the value portion of the asset will always be more than the liability, hence making it positive in the event of a ...