Net Worth Calculator
Your net worth is the single clearest number in personal finance: everything you own minus everything you owe. List your assets and liabilities to find it, and see the balance between the two at a glance.
Estimates are for illustration and education only — not financial advice. Use realistic current market values for assets like your home and car.
What net worth tells you
Net worth is what would be left if you sold everything you own and paid off everything you owe. It's the truest single snapshot of your financial position — more meaningful than income, because it captures what you've actually kept and built.
Assets and liabilities
Assets include cash, savings, investments, retirement accounts, and the market value of property like your home or car. Liabilities are your debts: mortgage, car loan, student loans, and credit-card balances. Subtract the second from the first and you have your net worth — which can be negative early on, and that's normal.
The number matters less than the trend
A single figure is just a starting point. What matters is the direction: net worth rising over months and years means you're saving, paying down debt, and letting investments compound. Recalculate every few months and watch the trend, not the noise.
How to grow it
Two levers move net worth: growing assets and shrinking liabilities. Pay down high-interest debt with our debt avalanche calculator, and put your savings to work using the compound interest calculator.
The net worth formula
There's really only one equation, and it never changes — net worth is a simple subtraction that turns a messy financial life into a single, honest number.
What to include — and what to leave out
Accuracy comes from using honest, current figures. Value assets at what they'd actually sell for today, and count debts at their true outstanding balance.
Assets what you own
- Cash, checking and savings accounts
- Investments — brokerage, stocks, bonds, funds, ETFs
- Retirement accounts (401(k), IRA, pensions)
- Home and other real estate, at market value
- Vehicles, at realistic resale value
- Business equity, valuables and collectibles
Liabilities what you owe
- Mortgage and home-equity loans
- Car loans and other secured debt
- Student loans
- Credit-card balances
- Personal loans and lines of credit
- Unpaid taxes and outstanding bills
A note on the home. Include your home's current market value as an asset and the remaining mortgage as a liability — the difference is your home equity, which counts toward net worth. Don't net them out yourself; list both so the picture stays complete. The same goes for a financed car.
Leave out future income. A salary you haven't earned yet isn't an asset, and neither is an expected inheritance. Net worth measures what you hold today, which is exactly what makes it such a reliable yardstick.
Net worth milestones by life stage
Everyone's path is different, but rough benchmarks help you gauge progress. These are illustrative targets, not rules — your own goals and cost of living matter far more.
| Life stage | A common goal | Why it matters |
|---|---|---|
| Early career (20s) | Break even → positive | Clear high-interest debt |
| Establishing (30s) | ≈ 1× annual income | Emergency fund + investing |
| Peak earning (40s) | ≈ 3–4× income | Compounding accelerates |
| Pre-retirement (50s) | ≈ 6–8× income | On track to retire |
| Retirement (60s+) | ≈ 10×+ income | Fund drawdown years |
Multiples are widely cited planning rules of thumb, not guarantees or advice. What counts most is a net worth that trends upward year over year — track yours regularly and focus on the direction, not the comparison.