Net Worth Calculator
Calculate your net worth by adding up all your assets and subtracting your liabilities. Track your financial health with a clear breakdown.
Assets (What You Own)
Liabilities (What You Owe)
Net Worth Summary
How to Calculate Net Worth
Net worth is the simplest measure of your overall financial health:
Assets include: cash and savings, investment accounts (401k, IRA, brokerage), real estate (current market value), vehicles, and valuable personal property.
Liabilities include: mortgage balance, student loans, car loans, credit card debt, personal loans, medical debt, and any other money owed.
A positive net worth means you own more than you owe. Track your net worth regularly (monthly or quarterly) to monitor your financial progress over time.
Frequently Asked Questions
Net worth varies greatly by age and income. A common benchmark: by age 30, aim for 1x your annual salary saved; by 40, 3x; by 50, 6x; by 60, 8x; and by retirement, 10-12x your annual salary.
Yes, your home is an asset (at current market value), and your mortgage is a liability. Including both gives a complete picture. Some people also track "liquid net worth" which excludes home equity.
Negative net worth is common for young adults with student loans or a new mortgage. The key is whether the trend is improving. As you pay off debt and grow savings, your net worth should steadily increase.
Monthly or quarterly tracking is ideal. This lets you see progress, catch problems early, and stay motivated. Many people update their net worth on the first of each month.
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