Net Worth Calculator

Your net worth is the single most honest measure of your financial health. Enter what you own and what you owe. The calculator does the math instantly and shows you exactly where you stand. No account, no email, no waiting.

What is net worth?

Your net worth is one number: everything you own minus everything you owe. Add up your cash, investments, home equity, and other assets. Subtract your mortgage, student loans, car loans, and any other debts. What’s left is your net worth, and it can be negative. That’s completely normal early in life.

How to use this calculator

1. Enter your assets in the fields on the left: cash, investments, real estate, vehicles, and anything else of value you own.
2. Enter your liabilities on the right: your mortgage balance, student loans, car loans, credit card balances, and any other money you owe.
3. Enter your age (optional) to see how your number compares to the US median for your age group.
4. Your net worth, total assets, and total liabilities update as you type.
5. The breakdown bar shows you exactly where your money sits and what’s dragging it down.

The formula

Net worth is straightforward:

Net Worth = Total Assets − Total Liabilities

If you own $350,000 in assets (a $280,000 home, $50,000 in a 401(k), $15,000 in savings, and a $5,000 car) and you owe $240,000 (a $220,000 mortgage and $20,000 in student loans), your net worth is $110,000.

The tricky part is knowing what counts. Your home’s current market value counts as an asset. Your mortgage balance counts as a liability. You don’t include the home as an asset and ignore the mortgage. Both sides go in.

What counts as an asset?

Assets are things you own that have monetary value:

• Cash and savings: checking accounts, savings accounts, CDs, money market accounts
• Investments: brokerage accounts, stocks, ETFs, mutual funds, bonds
• Retirement accounts: 401(k), IRA, Roth IRA: use the current vested balance
• Real estate: current market value of your home, rental properties, land
• Vehicles: current resale value (not what you paid, not what you owe)
• Other assets: business equity, jewelry, collectibles, if you could sell it today

When in doubt: if you could sell it for real money today, it’s an asset.

What counts as a liability?

Liabilities are money you legally owe:

• Mortgage: the remaining principal balance, not your monthly payment
• Student loans: total outstanding balance across all loans
• Car loans: remaining loan balance
• Credit card debt: current balances, not your credit limit
• Personal loans: any unsecured loans outstanding
• Other debts: back taxes owed, money borrowed from family, any legal obligation to pay

What is a good net worth by age?

There is no single right answer, but Federal Reserve data gives useful benchmarks. The median US net worth by age group (2023 Survey of Consumer Finances):

Age Group	Median Net Worth
Under 35	$39,000
35–44	$135,300
45–54	$247,200
55–64	$364,500
65–74	$409,900
75+	$335,600

Median means half of Americans in that group have more, half have less. It is a more realistic target than the mean, which is pulled up by the ultra-wealthy. If you are at or above the median for your age, you are in solid shape.

Should I include my home in my net worth?

Yes, but include it correctly. Use the current market value of your home (what you could sell it for today), then separately enter your mortgage balance as a liability. The difference (your home equity) is the portion that actually adds to your net worth.

If your home is worth $400,000 and you owe $320,000 on the mortgage, you have $80,000 in home equity. That $80,000 is what counts, not the full $400,000.

Does a car count as an asset?

Yes, but it depreciates fast. Use the current resale value, so check Kelley Blue Book for a realistic number. Don’t use what you paid or what you owe. If you owe more on the car loan than the car is worth, that negative equity will show up correctly once you enter both sides.

What if my net worth is negative?

Completely normal, especially under 35. If you have student loans or a new mortgage, a negative net worth just means you have borrowed to invest in your future. What matters is the trend: is it improving month over month?

The goal is not a specific number today. The goal is that the number moves in the right direction consistently. A net worth that grows $500–$2,000 per month adds up to serious money over a decade. Use the FIRE number calculator to see what your goal number looks like for early retirement, or the debt payoff planner to accelerate how fast your liabilities shrink.

FAQ

How do I calculate my net worth?

Add up the total current value of everything you own: cash, investments, real estate, vehicles, and retirement accounts. Then add up everything you owe: mortgage, student loans, credit cards, car loans. Subtract total debts from total assets. The result is your net worth. If the number is negative, you owe more than you own.

What is the average net worth in the US by age?

According to the Federal Reserve’s 2023 Survey of Consumer Finances, median US net worth by age group is: under 35 = $39,000; ages 35–44 = $135,300; ages 45–54 = $247,200; ages 55–64 = $364,500; ages 65–74 = $409,900. Median is more realistic than the mean because the mean is pulled up by billionaires.

Should I include my 401k in my net worth?

Yes. Your 401(k), IRA, Roth IRA, and any other retirement account balance count as assets. You can’t access the money penalty-free until 59½, but it still represents real wealth you own. Use the current vested balance.

Does a mortgage count against net worth?

Yes. The outstanding mortgage balance is a liability. Your home equity (home market value minus remaining mortgage) is what actually adds to your net worth. If your home is worth $350,000 and you owe $250,000, your net contribution is $100,000, not the full home value.

Should I include my car in net worth?

Yes, but use the current resale value, not what you paid or what you owe. Look up your car’s value on Kelley Blue Book. Also enter your car loan balance as a liability. If you owe more than the car is worth, that negative equity counts against your net worth.

What is a good net worth at 30?

The US median net worth for people under 35 is about $39,000. Being at or above that puts you ahead of half of Americans your age. A common rule of thumb is to have roughly 1x your annual salary saved by age 30, but that varies by income, debt load, and whether you carry a mortgage.

What is a good net worth at 40?

The US median net worth for people 35–44 is $135,300. By 40, a reasonable benchmark is 3x your annual salary in net worth. Someone earning $70,000 a year would target around $210,000, including home equity, retirement accounts, and investments combined.

How often should I calculate my net worth?

Once a month or once a quarter is enough for most people. Checking too often leads to noise anxiety from normal market swings. The real value is watching the trend over 6–12 months.

Does net worth include income?

No. Net worth is a snapshot of what you own minus what you owe at a single point in time. Income affects how fast your net worth grows, but a paycheck itself doesn’t count.

Is a net worth of $1 million considered wealthy?

In the US, $1 million puts you in roughly the top 10% of households by net worth. But “wealthy” depends entirely on your cost of living, age, and goals. For early retirement, $1 million with a 4% safe withdrawal rate produces $40,000 per year. That’s enough for some, not for others. Use the emergency fund calculator to make sure your liquid savings are solid before tracking longer-term net worth goals.

About this calculator

Most net worth calculators give you one number and stop there. This one shows you a visual breakdown of where your money sits, how much is tied up in each category, and how your total compares to the US median for your age group. No account needed. No email. The formula is simple: assets minus liabilities. You can see every number that went into your result.

This tool does not store any data. All calculations happen in your browser. It is for educational purposes and is not financial advice.