Net Worth Calculator
Add up your assets and liabilities to see exactly where you stand financially right now.
Assets
Liabilities
Results
Net Worth
$207,000
Total Assets
$485,000
Total Liabilities
$278,000
Debt-to-Asset Ratio
57.3%
Largest Asset
Real Estate
Net worth = total assets minus total liabilities. Track it over time, not just at one point.
How to Calculate Net Worth
Net worth is the simplest snapshot of your overall financial health: it's everything you own (assets) minus everything you owe (liabilities). The formula is straightforward — Net Worth = Total Assets − Total Liabilities— but most people have never actually added up both sides of that equation in one place.
Assets include cash and savings, brokerage and retirement accounts, the equity value of real estate, vehicles, and anything else of resale value. Liabilities include your mortgage balance, student loans, auto loans, credit card balances, and any other outstanding debt. A positive net worth means your assets outweigh your debts; a negative net worth, common for recent graduates or new homeowners with large mortgages, simply means there's more paying down to do before assets catch up.
Net worth on its own is just one data point. What matters more is the trend: is it growing year over year? Recalculating every few months (the same way you'd check a bank balance) turns net worth into a useful feedback loop for whether your saving, investing, and debt payoff decisions are actually working.
Pair this calculator with our Debt Payoff Calculator to plan down the liabilities side, or our Investment Calculator to project how the assets side could grow.
Frequently Asked Questions
What is a good net worth by age?
A common rule of thumb is to have 1x your annual salary saved by 30, 3x by 40, 6x by 50, and 8x by 60. These are rough benchmarks, not requirements; actual healthy net worth varies widely by income, cost of living, and whether you carry a mortgage. The trend over time matters more than hitting a specific number.
Should I include my home in net worth?
Yes, include your home's current market value as an asset and your remaining mortgage balance as a liability. The difference is your home equity, which is a real (if illiquid) part of your net worth. Just don't count on home value alone to fund near-term goals, since selling and moving costs eat into the proceeds.
Is it normal to have negative net worth?
Yes, especially early in adulthood. Recent graduates with student loans, new homeowners with large mortgages relative to their equity, and anyone who has gone through a major life expense often have negative net worth temporarily. What matters is the direction it's moving, not the starting point.
How often should I recalculate my net worth?
Quarterly or twice a year is enough for most people. Checking monthly can create noise from normal market fluctuations in investment accounts. The goal is to spot the long-term trend, not to react to short-term swings in your portfolio's value.