Net Worth Calculator

Calculate your net worth by subtracting liabilities from assets.

Net Worth = Total Assets - Total Liabilities = (Cash + Investments + Property + Other Assets) - (Mortgage + Loans + Debts)
Assets: $10k cash, $50k investments, $250k property, $20k other = $330k total. Liabilities: $200k mortgage, $15k loans = $215k total. Net Worth = $115k

What is considered a good net worth by age?

Rule of thumb: Net worth = (Age x Annual Income) / 10. At 30 earning $60k = $180k target. At 40 earning $80k = $320k target. Median US net worth by age (2024): 25-34 = $39k, 35-44 = $135k, 45-54 = $247k, 55-64 = $364k, 65+ = $410k. Don't stress if behind - focus on growth trajectory.

What should I include as assets?

Include: Cash, checking/savings accounts, retirement accounts (401k, IRA), investment accounts, home value (market value), vehicles, valuable collectibles, business equity. Don't include: Personal items (furniture, clothes), depreciating items unless significant value. Use current market value, not purchase price.

What liabilities should I include?

Include all debts: Mortgage balance, auto loans, student loans, personal loans, credit card balances, medical debt, back taxes, other debt. Don't include: Future payments you haven't incurred yet, upcoming bills (utilities), or monthly expenses. Only current outstanding balances count.

Is it normal to have negative net worth?

Yes, especially for young people with student loans or new homeowners. Average 25-year-old has negative or near-zero net worth. Focus on: Paying down high-interest debt, increasing income, building emergency fund, starting retirement savings. Your net worth should grow steadily - track quarterly or annually to see progress.