💰 Net Worth Calculator
Know exactly where you stand financially. Our net worth calculator adds up all your assets and subtracts your liabilities to reveal your complete wealth picture — and shows how you compare to U.S. averages.
Know exactly where you stand financially. Our net worth calculator adds up all your assets and subtracts your liabilities to reveal your complete wealth picture — and shows how you compare to U.S. averages.
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It is the single most important number in personal finance — more telling than income — because it shows your actual financial position.
Track your net worth monthly or quarterly. The trend matters more than any single number. Even small improvements each month compound into massive progress over years.
How does your net worth compare? The Federal Reserve's Survey of Consumer Finances provides the most comprehensive data:
| Age Group | Median Net Worth | Average Net Worth | Key Milestone |
|---|---|---|---|
| Under 35 | $39,040 | $183,500 | Build emergency fund, start 401k |
| 35–44 | $135,600 | $549,600 | Maximize retirement contributions |
| 45–54 | $247,200 | $975,800 | Pay off mortgage, increase investments |
| 55–64 | $364,500 | $1,566,900 | Retirement planning, healthcare prep |
| 65–74 | $409,900 | $1,794,600 | Transition to income-generating assets |
| 75+ | $335,600 | $1,624,100 | Estate planning, wealth transfer |
Source: Federal Reserve Survey of Consumer Finances, 2022.
Net worth = total assets − total liabilities. Three snapshots:
Assets: $20,000 savings + $15,000 car = $35,000. Liabilities: $25,000 student loan + $4,000 credit card.
Result: Net worth = 35,000 − 29,000 = $6,000.
Assets: $350,000 home + $120,000 retirement + $30,000 cash = $500,000. Liabilities: $180,000 mortgage + $10,000 auto loan.
Result: Net worth = 500,000 − 190,000 = $310,000.
Assets: $400,000 home (paid off) + $600,000 investments. Liabilities: $5,000 credit card.
Result: Net worth = 1,000,000 − 5,000 = $995,000.
A common benchmark is to have your annual salary saved by 30, 3× by 40, and 6× by 50. These are rough guides — your own savings rate and goals matter more.
Yes — include its market value as an asset and the remaining mortgage as a liability. The difference is your home equity, a real part of net worth.
Once a quarter is plenty for most people. Tracking the trend over time matters far more than any single snapshot.
Common early in life with student loans or a new mortgage. Negative net worth isn't failure if it's tied to appreciating assets or education — focus on the upward trend.