Net Worth Calculator
Add up your assets, subtract your liabilities, and see your true net worth in seconds. Get your asset-to-debt ratio, financial rating, and a breakdown of where your money stands. Everything stays private in your browser.
What Is Net Worth?
Net worth is the most important number in personal finance. It represents the difference between what you own and what you owe. Unlike income, which only shows what flows in, net worth shows the full picture of your financial health. A high earner with massive debt may have a lower net worth than a modest earner who saves consistently.
How to Calculate Net Worth
The net worth formula is simple: Net Worth = Total Assets - Total Liabilities. Assets include everything of value you own: cash in the bank, retirement accounts, real estate, vehicles, and investments. Liabilities include every debt: mortgages, student loans, car payments, and credit card balances. This calculator does the math for you and provides a detailed breakdown.
Net Worth Formula
Net Worth = Total Assets − Total Liabilities
Asset-to-Debt Ratio = Total Assets ÷ Total Liabilities
Average Net Worth by Age
According to Federal Reserve data, the median net worth for Americans under 35 is around $39,000, rising to $185,000 for ages 45-54, and peaking at $266,000 for ages 65-74. These are medians, not averages, which are skewed higher by ultra-wealthy outliers. Use this calculator to see where you stand and track your progress over time.
How to Increase Your Net Worth
Growing your net worth comes down to two levers: increase assets and decrease liabilities. On the asset side, maximize retirement contributions, invest consistently, and build an emergency fund. On the liability side, pay down high-interest debt first, avoid new consumer debt, and consider refinancing to lower rates. Even small monthly improvements compound into major gains over years.
Net Worth vs Income
Income is how much you earn. Net worth is how much you keep. Someone earning $200,000 per year but spending $190,000 builds net worth slowly. Someone earning $60,000 but investing $15,000 per year can surpass them in a decade. Tracking net worth alongside income gives you the complete financial picture and helps you make better decisions about saving, spending, and investing.
Frequently Asked Questions
What is net worth?
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It is the single best snapshot of your overall financial health.
What should I include in my assets?
Include cash, savings, checking accounts, investments (stocks, bonds, 401k, IRA), real estate market value, vehicle value, and any other valuable property like jewelry or collectibles.
What counts as a liability?
Liabilities include mortgage balance, student loans, car loans, credit card debt, personal loans, medical debt, and any other money you owe.
Is a negative net worth bad?
A negative net worth means you owe more than you own. It is common for young adults with student loans. The key is to track it over time and make sure the trend is moving upward.
How often should I calculate my net worth?
Most financial advisors recommend calculating your net worth every 3 to 6 months. This helps you track progress and catch problems early without obsessing over short-term market fluctuations.