Net Worth Calculator

Calculate your net worth by entering your assets and liabilities. Understand your complete financial picture with a detailed breakdown.

Assets (What You Own)

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Liabilities (What You Owe)

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Enter your assets and liabilities, then click "Calculate" to see your net worth.

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Pro Tip

Track your net worth every quarter. The trend matters more than the absolute number. Focus on increasing the gap between assets and liabilities over time.

Try the Savings Goal Calculator →

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Understanding Net Worth

Net worth is the single most important number in personal finance. It represents the difference between what you own (assets) and what you owe (liabilities). A positive net worth means your assets exceed your debts, while a negative net worth indicates you owe more than you own.

Tracking your net worth over time is more valuable than tracking income alone. A high income with high spending may result in little wealth accumulation, while a moderate income with disciplined saving can build substantial net worth over time.

The average American household net worth varies dramatically by age. Younger adults often have negative or low net worth due to student loans, while those approaching retirement typically have the highest net worth. The median net worth for all U.S. families is approximately $192,900 according to the Federal Reserve.

Net Worth Formula

Net Worth = Total Assets − Total Liabilities

Where:

Assets = Everything you own with monetary value (cash, investments, property, etc.)

Liabilities = All debts and financial obligations (mortgages, loans, credit cards, etc.)

Example

Sample net worth calculation:

  • • Total Assets: $450,000 (home $300K + retirement $100K + savings $50K)
  • • Total Liabilities: $220,000 (mortgage $200K + auto loan $15K + credit cards $5K)
  • • Net Worth: $450,000 - $220,000 = $230,000
  • • Assets-to-Liabilities Ratio: 2.05:1 (healthy ratio)

Frequently Asked Questions

What is a good net worth for my age?
A common rule of thumb is that by age 30 you should have saved 1x your annual salary, by 40 it should be 3x, by 50 about 6x, and by 60 around 8x your annual salary. However, these are guidelines; your personal situation may vary significantly.
Should I include my home in net worth?
Yes, your home is an asset. However, some financial planners suggest calculating net worth both with and without your primary residence, since you need somewhere to live and cannot easily liquidate it.
How often should I calculate my net worth?
Calculating your net worth quarterly or at least annually helps track your financial progress. Consistent tracking reveals trends and motivates better financial decisions.
What is a good assets-to-liabilities ratio?
A ratio of 2:1 or higher is generally considered healthy, meaning you own at least twice as much as you owe. A ratio below 1:1 means you have negative net worth.