Quote:
Originally Posted by ffblueocean
do you count equity in the house?
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i would say it's fair to count any equity in the house over the 1 million mark.
If you have 2 million equity in a 3 million house, but don't have a million liquid or in all other assets combined, you're a millionaire. If you have 500k equity in a 1 million house, and have 500k liquid, you're not.