Net Worth Calculator
Calculate your net worth.
Input
Result
What is a Net Worth Calculator?
A Net Worth Calculator helps you measure your financial health by subtracting your total liabilities from your total assets. The result gives you a clear snapshot of where you stand financially and helps you track progress over time.
How to calculate net worth manually (the formula)
Net Worth = Total Assets − Total Liabilities
List all your assets (cash, investments, property, vehicles) and add them up. Then list all your debts (mortgage, loans, credit cards) and add those up. Subtract debts from assets.
Example calculation
Assets: $30,000 savings + $200,000 home value + $15,000 car + $40,000 401(k) = $285,000
Liabilities: $150,000 mortgage + $8,000 car loan + $2,000 credit card = $160,000
Net Worth = $285,000 − $160,000 = $125,000
Common mistakes
- Forgetting smaller assets — Include jewelry, furniture, electronics, and other valuables. They add up even if each item is modest.
- Using purchase price instead of current value — A car purchased for $30,000 may now be worth $15,000. Use current fair market value, not what you paid.
- Excluding illiquid assets — Retirement accounts, real estate, and even your home equity are part of your net worth. Include them even if you can’t access the cash immediately.
- Not tracking changes over time — Net worth is most useful when tracked regularly. A single number is a snapshot; a trend shows real progress.
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 a snapshot of your financial health at a given point in time.
What should be included as assets?
Assets include cash, bank accounts, investments, retirement accounts, real estate, vehicles, and any other valuable property you own.
What counts as liabilities?
Liabilities include mortgages, car loans, student loans, credit card balances, personal loans, and any other money you owe.
How often should I calculate my net worth?
Most experts recommend calculating your net worth quarterly or at least annually to track your financial progress over time.
What is a good net worth by age?
A common rule of thumb is to have a net worth equal to your annual salary by age 30, 3 times by age 40, 6 times by age 50, and 8 times by age 60. These are guidelines, not hard targets.
Can net worth be negative?
Yes, net worth can be negative if your liabilities exceed your assets. This is common early in life due to student loans and mortgages, but the goal is to grow it positive over time.