Net Worth Calculator
Assets
Liabilities
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What Is Net Worth?
Net worth is simply what you own minus what you owe. It's the single most useful snapshot of your financial health -- more meaningful than income alone because it captures both wealth accumulation and debt. A positive net worth means your assets exceed your debts; a negative net worth (more common than people think, especially early in a career) means the reverse.
Average Net Worth by Age (US)
Source: Federal Reserve Survey of Consumer Finances (2022). Average is skewed by the ultra-wealthy; median is a better benchmark.
What to Include
Assets to include
Cash, checking, savings, CDs, stocks, bonds, mutual funds, ETFs, 401(k), IRA, home equity, rental properties, vehicles, business ownership, collectibles with real market value.
Liabilities to include
Mortgage balance (not payment), car loans, student loans, personal loans, credit card balances, medical debt, home equity loans.
What to leave out
Future income, Social Security estimates, and illiquid assets you can't actually sell (like a pension promise) should be treated carefully or excluded for simplicity.
Frequently Asked Questions
Is a negative net worth bad?
Not necessarily, especially early in life. Student loans and a mortgage are the most common reasons for negative net worth in your 20s and 30s. What matters more is the trend -- if your net worth is growing year over year, you're on the right track regardless of the current sign.
How often should I track net worth?
Quarterly is a good cadence for most people. Monthly can feel obsessive and noisy (markets fluctuate); annually misses important trends. Pick a consistent date (e.g., the first of every quarter) and record it somewhere -- even a simple spreadsheet -- so you can see progress over time.
Should I use the market value of my home?
Yes -- use what you believe you could sell it for today (check Zillow or Redfin for estimates), then subtract your remaining mortgage balance. The difference is your home equity, which is the true asset value. Don't count the full home value and list the mortgage as a separate liability -- that double-counts the debt.