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Net Worth Calculator

Calculate your net worth by totaling your assets and subtracting your liabilities.

Instant Results
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What Is Net Worth?

Your net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It is the single clearest measure of your financial health. Tracking your net worth over time shows whether you are making progress toward your financial goals, regardless of income fluctuations or spending patterns.

How to Use This Calculator

1

Total Your Assets

Add up: cash and savings, investment accounts, retirement accounts, home equity, car value, and any other valuable property.

2

Total Your Liabilities

Add up: mortgage balance, car loans, student loans, credit card balances, personal loans, medical debt, and any other money you owe.

3

Review Your Net Worth

The difference is your net worth. A positive number means you own more than you owe. Track this quarterly to measure progress.

Key Concepts

Net Worth by Age

The Federal Reserve Survey of Consumer Finances shows median net worth of: under 35: $39,000; 35-44: $135,600; 45-54: $247,200; 55-64: $364,500; 65-74: $409,900.

Home Equity

For most Americans, home equity is the largest asset. Use your home value (Zillow/Redfin estimate) minus remaining mortgage balance.

Liquid vs Illiquid

Cash and stocks are liquid (easily converted to cash). Home equity and retirement accounts are illiquid. A healthy balance of both provides stability and flexibility.

Millionaire Next Door

The expected net worth formula from the book: (Age x Pre-tax Income) / 10. A 40-year-old earning $100,000 should have at least $400,000. This is a rough benchmark.

Expert Insights

Negative net worth is common in your 20s and early 30s (student loans, new mortgage). The goal is to turn the trajectory upward, not necessarily to be positive immediately.

Do not include depreciating consumer goods (furniture, electronics, clothing) as assets. Focus on savings, investments, and real property.

Track your net worth quarterly using a spreadsheet or app. The trend over time is far more important than any single snapshot.

Frequently Asked Questions

Cash, savings, checking, investment accounts, retirement accounts (401k, IRA, Roth), real estate market value, vehicle value (KBB), business equity, and valuable personal property like jewelry or collectibles.
Mortgage balance, car loan balance, student loan balance, credit card balances, personal loan balances, medical debt, tax debt, and any other money you owe.
Not necessarily. A 28-year-old with $200,000 in student loans and a new career may have negative net worth but a positive trajectory. The key is whether the debt funded an investment (education, home) and whether your net worth is trending upward.
Yes, at its current market value (check Kelley Blue Book or Edmunds), not what you paid. Also include the car loan as a liability. The net of these two is your car equity.

This calculator provides estimates for educational purposes only. Actual results depend on your specific financial situation, lender terms, and market conditions. Consult a qualified financial advisor before making major financial decisions.

Build Your Net Worth Faster

Compare investment and savings options that will actually grow your assets.

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Economic Snapshot

Source: Federal Reserve Economic Data (FRED). Indicators refresh daily.

Financial News & Regulation

Apr 19, 2026

Headlines sourced from government agencies and legal publications. Updated every 12 hours.

Did You Know?

The average credit card interest rate hit 22.76% in 2025 — the highest since tracking began in the early 1990s.

BNPL (Buy Now, Pay Later) usage tripled between 2020 and 2025, with over 40% of U.S. consumers having used it.

Cost of living varies dramatically: the same salary goes 30-50% further in states like Texas or Tennessee vs. California or New York.

The average 401(k) balance hit $118,600 in 2025, though the median is much lower at $35,286.