Net Worth Calculator

Calculate your total net worth by tracking all assets and liabilities.

Total Assets

$620,500

Total Liabilities

$323,000

Net Worth

$297,500

Cash & Bank Accounts

Subtotal: $20,500

Investment Accounts

Subtotal: $150,000

Real Estate

Subtotal: $400,000

Personal Property

Subtotal: $50,000

Other Assets

Subtotal: $0

Liabilities

Mortgages & Home Loans

Subtotal: $280,000

Loans

Subtotal: $40,000

Credit Cards & Other Debt

Subtotal: $3,000

Goals & Progress Tracking

How it works

Net worth is the single clearest snapshot of financial health: everything you own minus everything you owe. Add up your assets (cash, investments, home, car) and subtract your liabilities (mortgage, loans, credit-card balances). The result can be positive or negative, and what matters most is the direction it moves over time.

Net worth

Net worth = Total assets − Total liabilities
assets
cash, investments, retirement accounts, property, vehicles
liabilities
mortgage, student/auto/personal loans, credit-card debt

Worked example

  • Assets: $50k savings/investments + $300k home = $350k
  • Liabilities: $200k mortgage + $15k other debt = $215k
  1. Net worth = 350,000 − 215,000

Net worth = $135,000.

Good to know

  • Track it over time — a rising trend means you're building wealth, even if the absolute number feels small.
  • Distinguish liquid assets (cash, stocks you can sell) from illiquid ones (home equity) — a high net worth can still be cash-poor.
  • Use current market values, not what you paid, and update annually or after major changes.

Related Calculators

Frequently Asked Questions

How do I calculate my net worth?

Net worth = total assets − total liabilities. Add up everything you own of value (cash, investments, retirement accounts, home, vehicles) and subtract everything you owe (mortgage, loans, credit cards). A negative result is common early in life, especially with student loans.

What should I count as assets?

Cash and bank balances, brokerage and retirement accounts, your home and other property at realistic market value, vehicles, and significant valuables. Be conservative with hard-to-sell items — what matters is what they'd actually fetch, not what you paid.

Should my house count toward net worth?

Yes — include the home's market value as an asset and the remaining mortgage as a liability; the difference is your home equity. Many people also track "liquid net worth" separately, excluding the home, since you can't easily spend it without selling or borrowing.

What is a good net worth for my age?

One rough benchmark from The Millionaire Next Door: age × annual pre-tax income ÷ 10. A 40-year-old earning $80,000 would target about $320,000. Treat formulas like this loosely — career stage, location, and household situation matter more than hitting a universal number.

How often should I update my net worth?

Quarterly or annually is plenty. The trend over years is the meaningful signal — month-to-month swings mostly reflect market noise. A steadily rising net worth indicates your saving, investing, and debt payoff are working, regardless of any single month's number.