We count your house, if you have one, among your assets. Its value is reduced by the amount of unpaid mortgage. The wealth projection chart will show the net value (value of the house minus the value of unpaid mortgage) in the “Real Estate” portion of the chart.
In some cases, if your post-retirement expenses deplete your investment and retirement savings before the age of 85, this may show up as a negative Net Savings, while the Total Wealth is still positive thanks to the house value. This means that towards the later years of your life, there could be scenarios when you might need to monetize the value of your house in order to maintain your lifestyle. Looking at the wealth projection chart, you can see clearly if and at what age that can happen. We do not specify how you would monetize the value of your house -- there are many ways to do that (selling it, downsizing to a smaller one, renting it out, taking out a reverse mortgage, etc). If your retirement chart shows negative Net Savings towards the end of your expected lifetime, the chances are high that you would have to do that in one way or another.