Net Worth Calculator
Add up everything you own, subtract everything you owe, and see your real financial position. Track it quarterly to measure progress.
Assumes no new contributions or debt — pure growth on the current net worth.
How it works
- 1List your assets
Cash, investments, retirement accounts, real estate, vehicles, and anything else with real resale value.
- 2List your liabilities
Mortgage balance, car loans, student loans, credit cards, and any other debt you owe.
- 3Read your net worth
Assets minus liabilities. Track the same way every quarter to see the trend.
Net worth is the most important personal finance number you can track. Income tells you what comes in, but net worth tells you what you've actually built. Two people earning the same salary can have wildly different net worth depending on how they spend, save, and invest.
The formula is simple: Net Worth = Total Assets − Total Liabilities. Assets are anything you own with market value: bank accounts, brokerage accounts, retirement accounts, your home (at current market value, not purchase price), vehicles, and other valuables. Liabilities are everything you owe: mortgage, auto loans, student loans, credit card balances, and personal loans.
Your first net worth calculation may surprise you in either direction. A high-income person with a leased luxury car, big mortgage, and minimal savings often has lower net worth than a modest earner who paid off their house and invested consistently. The math doesn't care about lifestyle.
Track it quarterly using the same method. Don't react to short-term swings — a 10% market drop can knock $20,000 off a portfolio in a week, then recover the next month. What matters is the multi-year trend. As long as the line slopes up, you're winning.
By age 30, aim for net worth roughly equal to your annual salary. By 40, around 3×. By 50, around 6×. By retirement, 10–12× your final salary is a strong target. These benchmarks are guidelines, not requirements — your specific number depends on your goals, lifestyle, and cost of living.
Example scenarios
Net worth: −$20k. Common with student loans. The win is bending the curve up.
Net worth: $100k. On track if income is around $80–100k.
Net worth: $1.15M. Strong position to retire comfortably.
Common questions
What is net worth?
Net worth is the value of everything you own (assets) minus everything you owe (liabilities). It's the single best snapshot of your overall financial health.
What's a good net worth by age?
A common benchmark: by age 30 aim for ~1× salary, by 40 aim for ~3×, by 50 aim for ~6×, and by retirement aim for 10–12×. These are guidelines, not rules — consistent positive trend matters more than a specific number.
Should I include my house and car?
Yes — assets means anything with real market value. Use a realistic resale value, not what you paid. Subtract any associated loan (mortgage, auto loan) on the liabilities side.
How often should I track net worth?
Once a quarter is plenty for most people. Tracking too often makes you react to short-term market noise; tracking too rarely lets bad habits compound. Pick a date and recheck the same way each time.
What if my net worth is negative?
Common in your 20s thanks to student loans. Focus on the trend: paying down high-interest debt and growing emergency savings will turn a negative number positive faster than you'd think.