u/AlanTA2

I have wondered about how to discount pre- tax accounts in calculation of net worth or whether I’m even thinking correctly about this. So for example if I have $100 in a taxable account and another $100 in a pre tax account and have zero Roth. No liabilities, I ignore the value of my home assuming no mortgage ( logic being need somewhere to live) , and look at my net worth being $200. I’m also ignoring the NPV of future social security for my wife and I. Question is given the tax liability and upcoming RMDs at whatever Federal plus state ( if applicable) rate applies, do I deduct the NPV of those future taxes at an assumed tax rate and assumed life expectancy. Stated differently, is a dollar of post tax funds worth more than a dollar of pre tax funds for retirement planning purposes understanding retirement planning and net worth today are correlated but obviously not similar.

I have a long run from my water heater in the basement to bathrooms on the homes second floor. Hot water takes over a minute of the shower running to get there and twice that on faucets. Was planning to install a pump on the hot water heater to solve this but a Plummer who inspected it said a new dedicated hot water line would have to be installed which is a major job. Alternatively a pump installed under a sink in each bathroom or at least the one furthest away. A friend had told me had a pump installed on his water heater several years ago without installing new hot water lines at a relatively reasonable cost.

Could someone knowledgeable explain. Thanks.