MoneySaving Poll: How much are you worth excluding your home?

Former_MSE_Sam_M

Poll started 24 March 2015

How much are you worth (or do you owe) – not counting your home?

To answer this question, you first need to do a little sum:

1. Add up: the total value of your assets such as your savings & pension (excluding your home).
2. Subtract: include credit card debt, exclude student loans & mortgage.


Do you have a 'net worth' or a 'net debt'?

Vote in this week's poll

Did you vote? Are you surprised at the results so far? Have your say below. To see the results from last time, click here.

If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.

Thanks!


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torbrex

Same level in the poll as last week, my house is worth less than £100,000 so not including that was not enough to drop me out of the level.

missbiggles1

How can you add your income (pension) as an asset?

[Deleted User]

I guess for pension, it's value is either the value of the pot (if you have defined contribution) or your current entitlement in today's money multiplied by how many years you expect to receive it (if you have defined benefit)?

SailorSam

About tuppence ha'penny.

puk999

Currently there's 3 votes of people who owe more than £1,000,000 and are not homeowners. Really? I hope these results aren't going to be taken too literally.

tgroom57

Cherry_Gale wrote: »

I guess for pension, it's value is either the value of the pot (if you have defined contribution) or your current entitlement in today's money multiplied by how many years you expect to receive it (if you have defined benefit)?

A guess from me, - How do I figure out how much my pension pot is worth, lol ? It is only ever quoted as annual + lump sum.

Consumerist

This a disappointing poll and definitely should not be taken even remotely seriously.

Each person will consider the asset value of their pension in a different way so rendering the results pretty useless; assuming they were ever going to be of use.

Come on MSE, if you want anyone to take any notice of these polls you need to define more closely what you mean by your questions.

What did you mean by "include your pension"?

mcjordi

worth 7.8million.......on farmville XD

LplateSaver

It's interesting for me to note 11% of non-home owners are in the same value bracket, there I was thinking I was atypical. Suppose the percentage would be higher if it weren't for those people who owe £1 million....

greyfox

missbiggles1 wrote: »

How can you add your income (pension) as an asset?

I put the amount of pension I'm getting into the calculator here http://www.thisismoney.co.uk/money/pensions/article-1633402/Pension-pot-calculator-How-need-save-retirement.html