Originally Posted by
cato
How does someone have enough info on personal net worth to figure this out?
There are finance aggregators (I use one on the Bank of America website) that pulls information from all of your accounts provided you input your usernames and passwords into the aggregator. It includes your home value based on something similar to Zillow. If you have an account that isn't in their system, you can manually add it (but every time you want to calculate your net worth you have to update it). When you login to the website it accesses your accounts, updates your information and spits out all sorts of data including assets, liabilities, net worth, etc.
The BofA aggregator also allows you to categorize information, which is how I keep track of my retirement savings and kids' college savings, which are in multiple accounts in different banks, investment organizations such as Fidelity, and 529s.
Edited to add a link: https://www.thebalance.com/what-is-a...gation-1293879
Last edited by Rich; 02-25-2021 at 02:56 PM.
Reason: Added Link
Rich
"Failure is Not a Destination"
Coach K on the Dan Patrick Show, December 22, 2016