[Toddsterpatriot]

For purposes of applying for a loan it is useful to call a car an asset. For purposes of planning one's retirement it should not even be pondered.

Who pondered that?

Quit falsifying my point.

You had a point?

Further IRA and 401k contributions can go up or down. It is foolish to count them as savings because they are not 'money in the bank'.

Some 401k money is in money market accounts. Can we count that as money in the bank?

[x5452]

Money market accounts might be tolerable, but why get into splitting hairs. The savings amount should be regarded as the capital in the account not invested.

The only alternative would be to average the daily balance across 365 days and call that savings. Selectivly calling part of the plan savings and part of it not only further destroys the integrity of the data.