John John is a 28-year-old father of two. He lives in a house that he bought four years ago, taking out a 30-year mortgage. He and his family have two cars and owe payments on one for the next two years. He has a retirement account that he has been contributing to since he was 22. He has a loan that is not paid from his college education at a private school. He has a college fund for both of his kids. Assets Liabilities