I didn’t find a general thread yet with the search function…
How do you calculate net worth?
My approach
Include:
Cash in bank accounts
ETFs and shares
3rd pillar
Rental deposit
Prepaid healthcare insurance for the upcoming months
Do not include:
2nd pillar
AVS/AHV
Home country retirement plans
Physical cash (negligible)
Also tracking:
All retirement
Estimation of occupational disability payments
Why 3rd pillar, but not 2nd pillar?
Both are very much part of your networth. I see zero reason not to include 2nd pillar.
Even if you plan on taking the annuity, it can be valued.
Also physical cash?! it’s literally cash 
I include:
Of course you are including 2nd pillar; unless you are single and expect to die before 65 years.
I currently include everything except AHV.
@Cash - I generally have less than 50 CHF in cash.
I generally don’t add retirement plans to net worth because I’m several decades from accessing them.
Though as noted, I do calculate estimations of retirement payouts / accounts once per year
It’s more that I exceptionally include 3rd pillar in NW because it’s a voluntary contribution.
No I don’t at the moment 
I think I might start about 10 years before getting access.
There is a thread where this is discussed and most people seem to include 2nd pillar, you might be interested in that thread.
This thread was more meant to share everyone’s approach and less to discuss whether you think I should change my calculation
That should not matter for networth calculations.
also there are several ways for accessing them beforehand.
Also example:
You have 50% in liquid accounts you can access and 50% in retirement accounts.
Now lets sa you want to retire 10 years (or 20 whatever) early (move second pillar to vested account as well).
You start to withdraw from the 50% liquid, and unless you hit 0% until you are of retirement age , there is no problem counting it both together at 100% and once you hit the age, just start withdrawing from that locked 50%. It’s all part of one pot in the end.
Thanks for the concern. I’m aware of the calculations and implications.
I track retirement separately and keep it updated yearly.
I can totally understand people including 2nd pillar.
This thread was mostly meant for sharing everyone’s approaches.
I’m a bit of a details freak. I include:
Liquid cash
Physical cash
Checking account
Savings account
Cash on deposit account
Illiquid cash
Rental deposit
Construction account
Cash on 3a
Cash liabilities
SARON mortgage
Margin debt
Other liabilities that may have to be repayed on the short term
Credit card balance
Tax liabilities
Prorated expected tax liabilities at withdrawal on 3a cash
Liquid foreign currencies
CHF value of foreign currencies on each account
Liabilities
Potential margin debt in foreign currencies
Liquid bonds
Bonds on accessible deposit accounts
Illiquid bonds
2nd pillar
Bonds in 3rd pillar
Medium term notes
Overpaid on taxes
Bond liabilities
Fixed rate mortgage
2nd pillar taxes
Prorated expected tax liabilities at withdrawal on 3a bonds
Short positions on bonds or bond funds
Liquid stocks
Stocks, ETFs or funds accessible in deposit accounts
Illiquid stocks
Stocks in 3a
Stock liabilities
Short positions on stocks or stock funds
Prorated expected tax liabilities at withdrawal on 3a stocks
Liquid derivatives
Present value of futures and options contracts on deposit accounts
Liabilities on derivatives
The difference between the present value of the contracts and the collateral posted
Liquid precious metals
Physical precious metals
Precious metals ETFs
Illiquid precious metals
Precious metals in 3a
Liabilities on precious metals
Prorated expected tax liabilities at withdrawal on 3a precious metals
Short positions on precious metals funds
Liquid real estate
RE funds in liquid deposits
Illiquid real estate
Current value as assessed with my best efforts of physical real estate
Real estate liabilities
Estimated tax liability at sale of physical real estate
Prorated expected tax liabilities at withdrawal on 3a RE funds
Short positions on RE funds
I’ve been toying with the idea, lately, to handle things differently when it comes to my FIRE assessment and to also include:
The idea being to frame it in a lifecycle way and aim:
The benefit of that approach is that you can keep the same target asset allocation throughout your life, at least on the assets part of the balance. Leverage, of course, screws that.
Edit: of course, spending less time assessing that and more time working on monetizing my skillset and/or improving my compensation would be more productive to reaching my FIRE target earlier. Consider this a hobby.
Woah, I like the detailed approach 
Including AVS seems logical if you include retirement. I’d actually like to calculate TNW including all retirement too some time. Maybe it warrants it’s own thread even.
Simple way to guesstimate is how much money would you have in your bank account (post taxes) if you retire tomorrow.
That’s your NET worth.
Net worth is different than cash flow because AHV adds to cash flow but not to NW
I think a thread on how future pensions/lump sums can be assessed/framed would be very interesting and warrant its own thread indeed.
I don‘t think that‘s the correct way to look at it.
The net in net worth comes from the net of assets minus liabilities.
Not post tax. Taxes changes all the time, and i.e. if you had capital gains, but don‘t sell anything, this is still part of your networth and can contribute to growth (tax deferral etc).
Capital gains are not taxed anyways in CH.
I was mainly referring to tax that needs to be paid on 2nd and 3rd pillar withdrawals
That is your net worth I.e. money readily available.
All the rest is subject to terms and conditions.
It’s what’s used by banks and private offices. All the rest is of no interest to them, apart from the pilier 3.
Nobody should calculate net worth. They should figure out what they are calculating for and then what you need to do will be obvious from that.
I keep track of three different kinds of net worths.
CH net worth
European Country exCH net worth
Country outside Europe net worth
Each of those net worths has its own FIRE-target and the corresponding progress depending on how much I think I’ll need to fully retire there.