Apologies if this is better suited for another forum.
State employee pension pays 50% at 20 years, beginning at age 50.
If I wanted to include this in my net worth calculation, what’s the best practice?
Historically I would just include my pension contribution/interest value. (Currently 150k).
But recently came across someone doing the formula of what the payout would be multiplied by average remaining life expectancy. Ie: $80,000x25=$2,000,000 value