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Net Worth Calculator

Free net worth calculator. Calculate your net worth by adding up all assets and subtracting all liabilities. Track your financial progress over time.

Assets (What You Own)

Total Assets
$0

Liabilities (What You Owe)

Total Liabilities
$0
Your Net Worth
$0

Net Worth Calculator

Calculate your net worth — the single most important number for tracking your financial health. Simply add up everything you own (assets) and subtract everything you owe (liabilities). This gives you a snapshot of your overall financial position.

How to Calculate Net Worth

Net Worth = Total Assets - Total Liabilities

Assets include cash, investments, retirement accounts, your home, vehicles, and valuables. Liabilities include mortgages, credit card debt, student loans, auto loans, and any other money you owe.

Why Track Net Worth?

  • Progress tracking: See if you're building wealth over time
  • Goal setting: Set specific net worth targets
  • Financial health: A more complete picture than just income
  • Motivation: Watching net worth grow is highly motivating
  • Retirement planning: Know if you're on track for long-term goals

What Counts as an Asset?

  • Liquid assets: Cash, checking/savings accounts
  • Investments: 401(k), IRA, stocks, bonds, mutual funds
  • Real estate: Current market value of your home
  • Vehicles: Current value (not what you paid)
  • Valuables: Jewelry, collectibles, art (conservative estimates)

What Counts as a Liability?

  • Home debt: Mortgage balance, home equity loans
  • Consumer debt: Credit cards, personal loans
  • Education debt: Student loans
  • Auto debt: Car loans, leases
  • Other: Medical debt, taxes owed, back child support

What's a Good Net Worth?

Net worth varies by age and income. Common benchmarks:

  • Age 30: 0.5x your annual income
  • Age 40: 2x your annual income
  • Age 50: 4x your annual income
  • Age 60: 6x your annual income

But remember: positive progress matters more than comparison. Someone who went from -$20,000 to $10,000 made more financial progress than someone whose net worth stayed flat at $100,000.

All calculations happen in your browser — your financial data is never sent to any server.

Frequently Asked Questions

How do I calculate my net worth?
Net worth = Total Assets - Total Liabilities. Assets include everything you own: cash, investments, retirement accounts, real estate, vehicles, valuables. Liabilities include everything you owe: mortgages, student loans, credit cards, auto loans, personal loans. The calculator organizes these into categories for easy input.
What counts as an asset?
Liquid assets: cash, checking/savings accounts, CDs. Investment assets: stocks, bonds, mutual funds, 401(k), IRA, brokerage accounts. Personal property: home value, vehicles (current market value), jewelry, collectibles, electronics. Use conservative estimates for personal property.
What counts as a liability?
Secured debt: mortgage balance, home equity loans, auto loans. Unsecured debt: credit card balances, student loans, personal loans, medical debt, taxes owed. Include the current payoff amount, not the original loan amount. For credit cards, include the full statement balance.
What is a good net worth?
Net worth varies by age, income, and location. A common benchmark: by age 30 = 0.5x annual income, age 40 = 2x income, age 50 = 4x income, age 60 = 6x income. However, focus on progress, not comparison — increasing your net worth consistently is what matters most.
Can net worth be negative?
Yes, especially for young people with student loans and low assets. Negative net worth means you owe more than you own. This is common in early career stages. Focus on: 1) increasing income, 2) reducing high-interest debt, 3) building emergency savings, 4) investing for growth.
How often should I calculate my net worth?
Monthly or quarterly is ideal for tracking progress. Monthly works well if you're actively paying off debt or building savings. Quarterly is sufficient for general monitoring. Annual is the minimum. Use this calculator regularly to see your financial trajectory improve over time.

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