The only time I ever used a 401k was when, briefly, I worked for a company that matched my contributions. I always adjust those monies for taxes because it’s all still pre-tax money. I just stopped adjusting out another 10% because I turned 59 this year.
I don’t count my house. Everyone needs a place to live. Downsizing only works if you up-sized your primary which I never did; I only bought what I needed. So it gets complicated.
In any event what we are measuring here is largely asset inflation due to dollar depreciation and not an actual increase in wealth. In the 80’s when I was in college and tuna was 0.40 a can and bread was 0.50 a loaf and a big ole jar of peanut butter was under $1 and eggs were 0.75 a dozen I shopped on $15 a week. Try that today. That $15 included beer.
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Cool. Let us know when you sell the primary to move somewhere cheaper.
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wanna investing in some property in Dubai one day