Net Worth Calculator
Calculate your net worth by adding up your assets and subtracting your liabilities. Track your financial health with a clear breakdown.
Assets
Cash & Savings
$
Investments (stocks, bonds, crypto)
$
Retirement Accounts (401k, IRA)
$
Real Estate (market value)
$
Vehicles (market value)
$
Other Assets
$
Total Assets: $320,000
Liabilities
Mortgage Balance
$
Car Loans
$
Student Loans
$
Credit Card Balances
$
Personal Loans
$
Other Debts
$
Total Liabilities: $225,000
Frequently Asked Questions
- Net worth = Total Assets โ Total Liabilities. It's a snapshot of your financial health at a single point in time. A positive net worth means you own more than you owe; negative means debt exceeds assets.
- Assets include cash and savings, investments (stocks, bonds, crypto), retirement accounts (401k, IRA), real estate equity, vehicles, business ownership, and personal property of significant value (jewelry, collectibles). Include anything you could convert to cash.
- Liabilities are debts you owe: mortgage balance, car loans, student loans, credit card balances, personal loans, medical debt, and any other money owed. Use the current outstanding balance, not the original loan amount.
- A common rule of thumb: Net worth = (Age ร Gross annual income) รท 10. So at 35 with a $70k salary, a target is ~$245k. But this varies hugely by location, career stage, and goals. The key is consistent growth over time.
- Two levers: grow assets (invest consistently, increase income, build home equity) and reduce liabilities (pay down high-interest debt aggressively). The fastest path is usually eliminating debt with 6%+ interest while maintaining a tax-advantaged retirement contribution.
- Yes, include current market value minus the remaining mortgage balance. That equity is a real asset. However, since a home is illiquid and you need somewhere to live, many financial planners track home equity separately from investable net worth.
- Monthly or quarterly is sufficient. Annual reviews at minimum. Frequent tracking (weekly) can be counterproductive since short-term market swings create noise. Focus on the trend over 12โ24 months.
- Liquid net worth excludes illiquid assets like real estate, retirement accounts with early-withdrawal penalties, and business equity. It shows what you could access quickly in an emergency. A healthy emergency fund contributes directly to liquid net worth.