Net Worth Calculator
Calculate your total net worth from assets and liabilities
Your Finances
Assets (What You Own)
Checking, savings, money market
Brokerage, stocks, bonds, crypto
401(k), IRA, pension
Current market value
Cars, boats, etc.
Jewelry, collectibles, business
Liabilities (What You Owe)
Remaining balance
Net Worth Summary
Enter your assets and liabilities
Calculate your net worth
Understanding Net Worth
What is Net Worth?
Net Worth = Total Assets - Total Liabilities
Net worth is a snapshot of your financial health at a point in time. It measures what you own minus what you owe.
Why Track Net Worth?
- Measures overall financial progress
- Shows if wealth is growing or shrinking
- Helps set and track financial goals
- Identifies areas needing attention
Average Net Worth by Age (US)
- Under 35: Median ~$14,000
- 35-44: Median ~$91,000
- 45-54: Median ~$168,000
- 55-64: Median ~$213,000
- 65+: Median ~$255,000
Types of Assets
- Liquid: Cash, savings, investments (easily converted)
- Retirement: 401(k), IRA (penalties for early access)
- Real Estate: Home equity (requires selling)
- Personal Property: Cars, jewelry (depreciating)
Good Debt vs Bad Debt
- Good Debt: Mortgage, student loans (builds assets/income)
- Bad Debt: Credit cards, personal loans (funds consumption)
How to Increase Net Worth
- Increase income
- Reduce spending
- Pay off high-interest debt
- Invest consistently
- Avoid depreciating assets
Tracking Frequency
Calculate your net worth monthly or quarterly. Track changes over time to see trends rather than focusing on short-term fluctuations.
Disclaimer: This calculator is for informational purposes only and should not be considered financial, tax, or legal advice. Results are estimates based on the information provided and current tax laws. Consult a qualified professional for advice specific to your situation.
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