Net Worth Calculator

Net worth is the clearest single snapshot of your financial position — everything you own, minus everything you owe. Here's how to get an accurate number.

1

List every asset

Add a row for each thing of value you own — checking and savings balances, investment and retirement accounts, your home's current market value, vehicles, and any other significant property.

2

List every liability

Add a row for each debt you owe — mortgage balance, auto loans, student loans, credit card balances, and personal loans. Use your current outstanding balance, not the original loan amount.

3

Use current market values

For accuracy, value assets like your home or investment accounts at what they're worth today, not what you originally paid. Rough estimates are fine — net worth is meant to be tracked as a trend, not measured to the penny.

4

Review your total

Your net worth updates instantly as you add or edit rows. A positive and growing number over time is the real goal — the specific figure matters far less than the trend.

Net worth is calculated with one simple formula:

Income vs. net worth

A high income doesn't automatically mean a high net worth — someone earning a large salary but spending all of it (or carrying heavy debt) can have a lower net worth than someone with a modest income who saves consistently and avoids debt. Net worth captures the result of every financial decision you've made up to this point, not just what you happen to earn this year.

Tracking net worth over time

A single net worth snapshot is useful, but tracking it every few months or once a year reveals the real story: is it trending up, flat, or down? Rising net worth generally means you're paying down debt, building savings, or both — even if the month-to-month change looks small. Many people find that revisiting this calculator quarterly, using the same list of accounts each time, is enough to stay on track.

What a "good" net worth looks like

Net worth benchmarks vary widely by age, location, and life stage, so comparisons to national averages are only loosely useful. A more practical approach is comparing your own number against your own history — the trend line matters far more than how you stack up against a generic benchmark.

If part of your net worth is tied up in a mortgage, the Mortgage Calculator can help you see how your home equity builds over time. If debt is the bigger factor right now, the Debt Payoff Planner shows how quickly you can turn liabilities into assets.