Net Worth Calculator
Calculate your net worth by subtracting your liabilities from your assets.
Important Notice
These calculators are for educational and informational purposes only. Results are estimates based on the information you provide and should not be considered financial, tax, or investment advice. Your actual results may vary. For personalized guidance, please consult a qualified financial advisor, tax professional, or other appropriate expert.
People Also Ask
What is a good net worth for my age?
A common benchmark is having 1x your annual salary saved by age 30, 3x by 40, 6x by 50, and 8x by 60. However, these are general guidelines - your ideal net worth depends on your lifestyle, location, and retirement goals.
What counts as assets and liabilities?
Assets include cash, savings, investments, retirement accounts, real estate, and valuable possessions. Liabilities include mortgages, car loans, student loans, credit card debt, and any other money you owe.
Should I include my home in net worth?
Yes, your home equity (market value minus mortgage owed) is typically included in net worth. However, some prefer to track 'liquid net worth' separately since home equity isn't easily accessible for spending.
How often should I calculate my net worth?
Tracking net worth monthly or quarterly helps you stay aware of your financial progress. Annual reviews are sufficient for most people, while monthly tracking can be motivating during active debt payoff or wealth building.
What is the average net worth by age?
According to Federal Reserve data, median net worth is approximately: under 35: $39,000, 35-44: $135,000, 45-54: $247,000, 55-64: $364,000, 65-74: $409,000. Averages are higher due to wealthy outliers.
How can I increase my net worth?
Net worth increases through two main levers: growing assets (saving more, investing, increasing income) and reducing liabilities (paying off debt). Small consistent improvements compound over time.