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Question 3: What Assets Do You Have?

“We have our four-bedroom house in an affluent suburb of Cincinnati, and we have probably $200,000 equity built
up in that. And our lake house has about $100,000 in equity now,” Jean said. “We’d have a lot more if we hadn’t
pulled some of the equity to buy the boat. And the SUV to pull it, and …”
“I’m not sure that’s the point, Jean,” John said.
“Ah, in your case,” I said, “it’s exactly the point.”

Question 4: What Are Your Liabilities?

“Him,” Jean said.
To his credit, John smiled. “Our liabilities seem endless,” John said.
“We have a $600,000 mortgage still on our house, and we have a $200,000 mortgage on our lake house,” Jean