Plumbline — Statement of Net Worth (Sample)

Plumbline

Statement of net worth · with provenance

HouseholdThe Hartwell Household Statement date29 August 2026 Next re-source29 November 2026

A number without a date is not a valuation.

01 · Disclosed first

How much of this is actually current

Dollar-weighted, not counted by line item. A stale $141,800 pension matters more than a stale $900 savings bond, so freshness is measured in dollars.

8%priced live — $111,229 — market feed, today

82%recorded within 180 days — $1,141,932

10%stale, over 180 days — $141,800

One figure is flagged. The pension present value was last recorded 30 January 2026 — 211 days ago, past the 180-day refresh rule. It is shown at its recorded value and marked stale. It has not been carried forward, adjusted, or estimated. Refreshing it is the first item on the November re-source.

Where the feed stops. The $40,982 of gold sits in the priced-live tier by nature, but no free market feed covers physical metals. That figure is a hand-recorded dealer quote with its own date, not a live price. It is disclosed here rather than quietly rolled into the live percentage.

02 · The position

What is held, what is owed, what stands above it

Net worth $865,561 +$13,661 since July

Assets held $1,394,961 across 12 recorded positions

Owed $529,400 5 liabilities

Owed per dollar held 0.38 $0.38 of debt per $1.00 of assets

Interest carried $2,966 per month, all debts

Stands above the line $865,561 Net worth. Not a target, not a projection — what is left after everything owed is measured up from the floor.

Measured up from the baseline $529,400 owed Every debt at full balance. Nothing is netted against the asset it is secured by.

Valued by hand · $642,300

From a statement · $589,000

Priced live · $152,211

Cash · $11,450

The measure. Assets are stacked from the floor. The red line is everything owed, measured up from that same floor. What stands above the line is net worth. It is drawn this way so that paying down debt and acquiring an asset are visibly not the same act.

03 · Tier one

Priced live — $152,211

Positions with a public price. Units are held on the statement; the price is fetched, not typed. Assets are classified by how the value is known, not by what kind of asset they are.

Units confirmed against the 31 July 2026 custodial statement. Prices as marked.
Position	Units	Price	Value	Source	As of
VTI — Vanguard Total MarketLive	210.000	$331.55	$69,625.50	Finnhub quote endpoint	2026-08-29today, 16:02 ET
SCHD — Schwab US DividendLive	400.000	$29.92	$11,968.00	Finnhub quote endpoint	2026-08-29today, 16:02 ET
BTC — Bitcoin, self-custodiedLive	0.35000000	$84,671.71	$29,635.10	Coinbase spot, USD pair	2026-08-29today, 16:02 ET
Gold, 12 oz — 1 oz bullion coinsNo feed	12.000	$3,415.20	$40,982.40	Dealer buy quote, Charleston Coin & Bullion, recorded by hand — no free feed covers physical metals	2026-08-227 days
Tier total			$152,211.00

Assumption printed: unit counts are carried from the 31 July custodial statement and are not re-verified between quarters. A purchase or sale made since then would not appear here until the November re-source. If you have traded, say so and it gets corrected the same day.

04 · Tier two

Recorded from a statement — $589,000

Balances that exist only on a document somebody issued. Each carries the date of the document it came from. There is no default date and no silent carry-forward: a figure that has not been re-sourced is shown at its recorded age.

Aged against the statement date, 29 August 2026. The 180-day rule flags anything older.
Holding	Recorded value	Source document	As of
401(k) — employer plan	$284,600	Q2 participant statement, page 1	2026-07-3129 days
Defined-benefit pension, present valueStale · 211 d	$141,800	Plan administrator annual benefit statement — present value at assumed retirement age 65, plan's own discount rate	2026-01-30211 days — past the 180-day rule
Roth IRA	$96,300	Custodian statement, July cycle	2026-07-3129 days
High-yield savings	$38,400	Bank statement, August cycle	2026-08-254 days
Whole life policy — cash value	$27,900	Carrier annual policy statement — cash surrender value, not death benefit	2026-06-3060 days
Tier total	$589,000

Why the pension is not simply updated. The plan's present value depends on the discount rate and the assumed retirement age, both of which the administrator sets and neither of which is published between statements. Estimating it would produce a number nobody could check. It stays at $141,800, dated 30 January, flagged, until the administrator issues a new one.

05 · Tier three

Valued by hand — $642,300

No market price and no issuer statement. Three named sources are collected and averaged, and all three are printed so the average can be disputed.

Every source named. Every source dated. Nothing here is an opinion offered without one.
Asset	Sources collected	Each	Average used	As of
Residence — 118 Marsh Wren Ct Owner-occupied, single family	Zillow Zestimate Redfin Estimate Berkeley County assessor, 2026 roll	$618,000 $604,500 $613,500	$612,000	2026-08-1514 days
2021 Chevrolet Tahoe ~74,000 mi, good condition	KBB private party Edmunds appraisal Carvana written offer	$30,900 $29,800 $30,200	$30,300	2026-08-1514 days
Tier total			$642,300

Refusal to fabricate. Art, collectibles, private business interests and closely held partnerships do not get a hand-waved figure on this statement. They get a real appraisal with a real date, or they are listed at zero with the reason printed. A confident number with no source behind it is worse than an honest blank.

Cash on hand — counted separately from the statement tier.
Holding	Value	Source	As of
Checking & cash	$11,450	Online balance, screenshotted to the file	2026-08-281 day

06 · The other side

What is owed — $529,400

Each debt at its full balance. The asset it is secured by is listed at full value on the other side. Nothing is netted.

Balances from August statements. Interest shown is the current monthly carry at the stated rate.
Liability	Balance	Rate	Interest / mo	As of
Mortgage — 118 Marsh Wren Ct	$438,500	6.375%	$2,329.53	2026-08-254 days
Student loans — consolidated	$31,200	5.05%	$131.30	2026-08-254 days
Auto — 2021 Tahoe	$26,800	6.49%	$144.94	2026-08-254 days
HELOC — drawn balance	$24,000	8.50%	$170.00	2026-08-254 days
Credit cards — 2 accounts	$8,900	25.65%	$190.24	2026-08-254 days
Total owed	$529,400		$2,966.01

No-netting rule. The house appears at $612,000 in tier three and the mortgage appears at $438,500 here. Home equity of $173,500 is already reflected in the net worth figure and is shown below for reference only — it is not a separate asset and must never be added again.

$612,000 − $438,500 = $173,500 — reference only, already counted

What the carry costs. $2,966 a month leaves the household before a dollar of principal moves — $35,592 a year. The two smallest balances, the cards and the HELOC, account for $360 of that on 6.2% of the debt. That is an observation, not a recommendation; the sequencing decision belongs to the Hartwells and their CPA.

07 · The record

Five years of statements, not five years of memory

Each bar is a statement that was produced at the time, from sources dated at the time. The 2024 decline is shown as it happened.

$512,400

2022baseline

$578,900

2023+13.0%

$559,300

2024−3.4%

$704,800

2025+26.0%

$865,561

2026+22.8%

Four-year CAGR14.0%2022 → 2026, compounded

Total gain$353,161+68.9% over the period

Down years1 of 42024, −3.4%

Assumption printed: each year's figure is the statement produced that August, on that August's sources. Prior years are never restated when a valuation method changes — if the method changes, the change is noted in the quarterly reconciliation and the old figures stand as published.

08 · What produced it

The sequence, month to month

Plumbline records what the sequence produced. StewardFlow™ is what runs it — income in, allocations calculated, the order held by the tool rather than by willpower. Neither claims the other's job.

Give

$4503.6% of take-home

Saveinvest

$2,28018.4% of take-home

Bills

$6,95056.0% of take-home

Live

$2,72021.9% of take-home

Take-home$12,400per month, net of tax and payroll deductions

Given, year to date$3,6008 monthly gifts, Jan–Aug 2026

Given since 2022$21,500missionary support, recorded monthly

Source: July and August payroll statements plus the household's own giving log. Percentages are of take-home and total 99.9% after rounding. Bills and Live are category totals, not itemized here — the line-by-line lives in StewardFlow™, not on this statement.

09 · Deduction position

Itemized versus standard, at the current numbers

Shown so the household knows which side of the line it is on before its CPA has to ask. This is arithmetic on published figures, not tax advice.

Tax year 2026, married filing jointly. Standard deduction confirmed against the IRS inflation-adjustment release, not from memory.
Component	Amount	Source
Mortgage interest	$27,954	$438,500 × 6.375%, full-year carry at current balance
HELOC interest	$2,040	$24,000 × 8.50% — deductibility depends on use of proceeds; confirm with CPA
State & local taxes (SALT)	$9,400	Property tax notice plus SC withholding, 2026
Charitable giving	$5,400	$450 × 12, giving log
Itemized total	$44,794	vs. $32,200 standard deduction, 2026 MFJ

Itemizing advantage$12,594$44,794 − $32,200

Tax saved by giving$1,188$5,400 × 22% marginal

Net cost of giving$4,212$5,400 given, $1,188 returned

Assumptions printed: 22% marginal federal bracket; full-year interest at the current balance rather than an amortized schedule, which slightly overstates both interest figures; SALT taken at the household's actual 2026 liability. Every one of these is checkable, and any of them can be disagreed with. Options are presented; the decision belongs to the Hartwells and their CPA.

10 · Bands, not forecasts

Where this could stand in 2031

Three bands, five years out, each with its assumptions printed. These are not predictions and no probability is attached to any of them.

Bear

$809,739

−6% vs. today

Models a nine-month income interruption in year two: saving stops through years two and three, and $67,500 is drawn from savings and taxed on the way out. Returns are ordinary, not catastrophic. A bad market alone rarely costs a household ground while debt amortizes underneath it — an income gap does.

Base

$1,592,180

+84% vs. today

Current savings rate held, current debt schedule run to term, blended returns in line with the household's actual allocation. No inheritance, no raise beyond inflation, no new debt.

Bull

$1,987,800

+130% vs. today

Cards and HELOC retired inside eighteen months and that $360 monthly carry redirected to savings; equity returns at the upper end of the band; the residence appreciating with the Lowcountry market rather than with inflation.

Read the bear case carefully. It is the only one of the three that models something happening to the household rather than to the market. That is deliberate. The scenario worth planning against is not a bad decade for equities — it is nine months without a paycheck while five debts keep accruing.

11 · The method

Seven rules this statement is built on

The same seven run on every statement, every quarter. They are printed here so a client can hold the work to them.

Classify by how the value is known

Not by asset type. Priced live, recorded from a statement, or valued by hand — the tier tells you how much to trust the figure before you read it.

A mandatory as-of date

Every non-live figure carries the date of the document it came from. No default date, no silent carry-forward from last quarter.

The 180-day refresh rule

Anything older is flagged and visually distinguished. It is still shown — at its recorded value, with its real age — never quietly aged into looking current.

Freshness disclosed at the top

Dollar-weighted, before any total. You see how much of the number is current before you see the number.

No netting

Asset at full value, debt as a liability. Equity is shown for reference and labelled as already reflected, so it can never be counted twice.

Refuse to fabricate

Art, pensions, collectibles and private interests get a real appraisal with a real date, or a zero with the reason printed. Where no feed exists, the gap is disclosed rather than filled.

Quarterly re-source and reconcile

Every figure re-sourced on a schedule, with a written note on what moved and why. The client opens the statement; the maintenance happens on schedule.

What everything is worth — maintained for you, not by you. Plumbline is a maintained deliverable, not an app to log into. There is nothing to set up, no accounts to link, no dashboard that quietly goes stale in month four because nobody updated it. The re-sourcing is the service.