Growing Their Wealth

28,000
Richelle’s 401(k)    6,500
Savings/CDs    70,000
1999 Volkswagen Passat*    2,650
Individual Stocks    3,500
Total    $920,650

Liabilities
Mortgage on House    $400,000
Mortgage on Condo    193,000
Total     $593,000
Net Worth    $327,650

*Estimated trade-in value according to Kelley Blue Book

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