Net Worth Calculator

Add up what you own and what you owe to find your net worth, and learn what to include and how to track it over time.

Calculate net worth by comparing assets and liabilities in one simple tracker.

Cash

Investments

Property

Other assets

Loans

Credit card debt

Mortgage

Other debt

Total assets

$375,000

Total liabilities

$240,000

Net worth

$135,000

Results are estimates for informational purposes only.

How to use this calculator

What net worth measures

Net worth is everything you own minus everything you owe. It is the clearest single number for your overall financial position, because it captures savings, investments, home equity, and debt together. A rising net worth means you are building wealth, even in months when your bank balance looks the same.

With the default inputs, assets total $375,000 and liabilities total $240,000, for a net worth of $135,000. Most of it is home equity: a $300,000 home with a $220,000 mortgage contributes $80,000.

What to include

Assets: cash in checking and savings accounts; investment and retirement accounts such as a 401(k), IRA, or brokerage account; the current market value of your home and other real estate; and other items with real resale value, such as a car. Use what they would sell for today, not what you paid.

Liabilities: the current balances, not the monthly payments, of your mortgage, car loans, student loans, credit cards, personal loans, and any other money you owe.

Be conservative with things that lose value or are hard to sell. Furniture, electronics, and collectibles usually sell for far less than they cost, so many people leave them out.

Tracking it over time

Net worth is most useful as a trend. Updating it every three to six months shows whether saving, investing, and paying down debt are moving you forward. It changes for three reasons: money you save, changes in the value of investments and property, and debt you pay off.

A negative net worth is common early in a career, especially with student loans, and is not a sign of failure. What matters is the direction. Paying down high-interest debt raises net worth steadily because it removes a balance that would otherwise grow every month.

You can also review Inflation Calculator and Salary Calculator to compare scenarios.

Formula

Total assets = cash + investments + property + other assets
Total liabilities = loans + credit card debt + mortgage + other debt
Net worth = total assets − total liabilities

Example: a household with a mortgage

Assets: $15,000 cash + $50,000 investments + $300,000 home + $10,000 other = $375,000.
Liabilities: $15,000 loans + $5,000 credit cards + $220,000 mortgage = $240,000.
Net worth: $375,000 − $240,000 = $135,000.
Paying off the $5,000 credit card with cash leaves net worth unchanged today, but it stops the interest charges that would shrink net worth every month.

Frequently asked questions

What is a good net worth for my age?

There is no single target. The Federal Reserve’s Survey of Consumer Finances reports net worth by age group, and its medians are much lower than its averages, because a small number of very wealthy households pull averages up. Comparing your net worth with where it was a year ago is more useful than comparing with others.

Should I include my home?

Yes. Include its current market value as an asset and the mortgage balance as a liability. Home equity is hard to spend without selling or borrowing, though, so it also helps to track your net worth without the home.

Should I include my car?

You can include its current resale value, with any loan balance as a liability. Cars lose value every year, so update the value each time you recalculate.

Do retirement accounts count?

Yes. 401(k)s, IRAs, and similar accounts are assets. Traditional (pre-tax) balances will be taxed when withdrawn, so their after-tax value is lower than the balance shown on your statement.