Net Worth Calculator
The Net Worth Calculator helps you determine your financial net worth by subtracting your total liabilities from your total assets. Your net worth is a key indicator of financial health — it shows whether you own more than you owe. Assets include cash, investments, real estate, vehicles, and retirement accounts. Liabilities include mortgages, car loans, credit card debt, and student loans. Tracking your net worth over time helps you measure financial progress and plan for goals like retirement or buying a home.
Formula
Net Worth = Total Assets − Total Liabilities Assets = Cash + Investments + Real Estate + Vehicles + Retirement + Other Liabilities = Mortgage + Auto Loans + Credit Cards + Student Loans + Other Debt
Example
If you have $50,000 in savings, $100,000 in investments, a $300,000 home, and $20,000 car: Total Assets = $50,000 + $100,000 + $300,000 + $20,000 = $470,000 If you have a $200,000 mortgage, $15,000 car loan, and $5,000 credit card debt: Total Liabilities = $200,000 + $15,000 + $5,000 = $220,000 Net Worth = $470,000 − $220,000 = $250,000
How to Use
- List all your assets: cash, savings, investments, property, vehicles
- List all your liabilities: mortgage, loans, credit card debt
- Enter the current values for each
- The calculator shows your total assets, liabilities, and net worth
- Track this over time to measure financial progress
Frequently Asked Questions
What is a good net worth by age?
A common rule: net worth = age × annual income ÷ 10. By 30, aim for 1× annual income. By 40, 3× income. By 50, 6× income. By 60, 8× income. These are guidelines, not rules — your situation may vary.
Should I include my primary residence in net worth?
Yes, include your home's market value as an asset and the mortgage as a liability. Some financial planners exclude primary residence for liquid net worth calculations, but for total net worth, include it.
What is the average net worth?
US median net worth is about $192,000 (2022 data). Average (mean) is about $1.06 million due to high net worth individuals. Median is a better benchmark as it is not skewed by billionaires.
How often should I calculate my net worth?
Calculate quarterly or annually. Use a spreadsheet to track trends over time. The direction matters more than the absolute number — increasing net worth indicates financial progress.
What is liquid vs. illiquid net worth?
Liquid net worth includes only assets easily converted to cash (savings, stocks, bonds). Illiquid net worth includes real estate, retirement accounts, and business interests. Track both — liquid net worth matters for emergencies.