💎 Net Worth Calculator
Add up everything you own (assets) and subtract everything you owe (liabilities) to find your true net worth — the most important number in personal finance.
Assets — What You Own
CASH & LIQUID
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$
$
$
INVESTMENTS
$
$
$
$
REAL ESTATE & PROPERTY
$
$
PERSONAL PROPERTY
$
$
Liabilities — What You Owe
$
$
$
$
$
$
$
$
Your Net Worth
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Total Assets
$0
Total Liabilities
$0
Debt-to-Asset Ratio
0%
Liquid Assets
$0
What Is Net Worth and Why Does It Matter?
Net worth is the single best snapshot of your financial health. It's calculated as Assets − Liabilities. A positive and growing net worth means you're building wealth; a negative net worth means you owe more than you own.
Unlike income, which measures cash flow, net worth measures wealth accumulation over time. Two people earning the same salary can have vastly different net worths depending on their savings rate, investment decisions, and spending habits.
Average Net Worth by Age (US, Federal Reserve 2023)
| Age Group | Median Net Worth | Mean Net Worth |
|---|---|---|
| Under 35 | $39,000 | $183,500 |
| 35–44 | $135,600 | $549,600 |
| 45–54 | $247,200 | $975,800 |
| 55–64 | $364,500 | $1,566,900 |
| 65–74 | $409,900 | $1,794,600 |
| 75+ | $335,600 | $1,624,100 |
Note: Median is more representative than mean, as mean is skewed by the ultra-wealthy.
How to Improve Your Net Worth
- Increase savings rate: Every extra dollar saved is a dollar added to net worth. Even 1% more of your income matters over time.
- Invest consistently: Money sitting in a savings account loses purchasing power to inflation. Invested money compounds over decades.
- Pay down high-interest debt: Eliminating credit card debt at 20% APR is equivalent to earning a guaranteed 20% investment return.
- Build home equity: Each mortgage payment shifts money from the liability column to the asset column.
- Track it regularly: Review your net worth quarterly. Measurement creates motivation and awareness.
What is a good net worth at my age? +
A common rule of thumb is: Net Worth = (Age × Gross Annual Income) / 10. So at 40 earning $80k/year, a target net worth would be $320,000. However, this varies significantly by lifestyle, cost of living, and financial goals. The most important thing is that your net worth is growing over time.
Should I include my car and home in net worth? +
Yes — include their current market value as assets, and any outstanding loans as liabilities. Your home equity (market value minus mortgage balance) is typically the largest component of net worth for most Americans. Use resources like Zillow for home estimates and Kelley Blue Book for vehicle values.
Is a negative net worth bad? +
Not necessarily, especially when you're young. A recent graduate with $60,000 in student loan debt but a high-earning career trajectory has a negative net worth today but a strong financial future. What matters most is the trend — is your net worth improving each year? Focus on reducing liabilities and growing assets over time.