What are your thoughts on including CPF in your net worth calculation?

No right or wrong here, but most articles I came across include CPF as part of their net worth. Afterall, CPF is also your money.

Cheers.

- Jeffrey (jeffreyleezq.com)

The correct calculation of net worth is to include CPF. Bank will do that also.

However, i personally wont include CPF & property for my calculation. Because is not liquid which = no cashflow.

If a company heavy on fixed asset (not liquid) with no or little cashflow is it a good company? Eg. Airline companies.

If you include all those things you probably a millionaire. But do you feel like a millionaire? I just dont want to have that illusion, i am in good financial situtation because i have ton of non- liquid "asset"