Net Worth Calculator
Want to know your true financial picture? Our Net Worth Calculator adds up everything you own and subtracts what you owe, giving you a clear snapshot of your financial health.
What Is
Net worth is the difference between your total assets (cash, investments, property, valuables) and your total liabilities (loans, credit card debt, mortgages). It is the most comprehensive measure of personal financial health.
How to Use
- List all your assets: cash, bank accounts, investments, real estate, vehicles
- Enter the current estimated value of each asset
- List all your liabilities: mortgages, car loans, student loans, credit cards
- Enter the outstanding balance for each liability
- Click Calculate to see your total assets, liabilities, and net worth
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Frequently Asked Questions
What is a good net worth by age?
A common rule of thumb is to have a net worth equal to your annual income by age 30, 3x by 40, 6x by 50, and 8x by 60.
How often should I calculate my net worth?
Quarterly updates are good for tracking financial progress. Monthly is better if you are actively working on debt reduction or wealth building.
Should I include my home value?
Yes, include your home current market value as an asset, but also include the remaining mortgage as a liability.
What is not included in net worth?
Future income, expected inheritance, and intangible assets like your education or skills are not included.
Is a negative net worth bad?
It is common for young people with student loans. The key is to track the trend, your net worth should grow over time as you build assets and pay down debt.