Yes, your 401k account balance is a liquid asset, as you can receive your redemptions within a few days.  But most people omit their 401k balance when calculating their liquid net worth until they retire. This is because you cannot make penalty-free withdrawals until you turn 59½ years old in most cases. Even if you don’t include 401ks in your liquid net worth, you can count them in your total net worth figure. Empower is one of the best apps to track your investment account values and total net worth.   Once you retire and can make penalty-free withdrawals, you can include 401ks and IRAs in your liquid net worth.  When making withdrawals, don’t forget your traditional 401k redemptions are taxable. The good news is that Roth 401k redemptions are tax-free.