People who have low financial net worth by this calculation frequently are those that will be recipients of means-tested programs. To have a more complete understanding of the perception of net worth held by these individuals and its effect on their behavior, one should include the present value of the future stream of benefits from these programs. The individual that disqualifies himself through higher income loses this value and replaces it with that recognized by your calculations. Which person feels more confident about his financial security through the behavior he has chosen? blogs.wsj/economics/2014/09/04/it-only-takes-10400-to-be-richer-than-most-millennials/
Posted on: Fri, 05 Sep 2014 21:02:38 +0000
Trending Topics
Recently Viewed Topics
© 2015