{ "media_type": "text", "post_content": "Do you include unrealized PTO into your net worth if your company pay it out once terminated/you leave and you don’t lose it at the end of each year? Essentially guaranteed money if you don’t use it so not sure why one wouldn’t include it 🤔", "post_id": "60164141b39af90024bdac9d", "reply_count": 13, "vote_count": 5, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter", "feed_type": "bowl" }

Do you include unrealized PTO into your net worth if your company pay it out once terminated/you leave and you don’t lose it at the end of each year? Essentially guaranteed money if you don’t use it so not sure why one wouldn’t include it 🤔

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No. Once it is paid out and I receive it, then I would.

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Agree with the others. The closest I come to doing something like this is to include the severance amount to which I was entitled from my firm when I went in-house with a client. Because I quit but didn’t compete, I am entitled to severance paid out over 5 years. While it’s a conditional payment, I still count it as a note receivable because nothing would have to change for me to receive the amount I question each year. I do the same thing with the couple of hundred grand in RSU’s I have based on the same premise. Still, I recognize that both are conditional payments. If I used my net worth calculation for any purpose other than as a general number that I use to see if I’m on track for my goal retirement number, and to monitor my financial growth, I’d probably not include these amounts.

If this makes a big difference then you don’t need to worry about your “net worth.”

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Lmao

In your net worth? No.... why would you? The payout is just a bonus. Conditional on how many days you have used and how many you have accrued to date each year. At least where I am, and at every other past employer, if you quit in January, you get nothing, because it has not accrued. It is not actually a guaranteed amount.

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Thx

Is it even that much money?The most I would have ever had had in public accounting would have been maybe a month’s paycheck. That’s certainly nice but not really a needle mover on net worth.

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I’m not on the accrual basis homie

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Does it really make THAT much of a difference. And your net worth, once you have illiquid assets, becomes more an estimate than anything. I prefer to be more conservative on my net worth than aggressive so I feel the pressure to save a bit more. At our company, If it means anything to you, unrealized pto is counted as a liability. I guess you could argue that that liability is to you and thus belongs in your network calculation :)

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Post for tests 2

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Post for likes

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Posting from the top side.

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Yeah you're right. It cuts after two lines instead of expanding.

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