Net Worth Calculator
Your net worth is a snapshot of your financial health: the total value of everything you own (assets) minus everything you owe (liabilities). Enter your numbers below to calculate yours.
Assets — What You Own
Enter current market values, not original purchase prices.
Cash & Savings
Investments
Real Estate
Other Assets
Liabilities — What You Owe
Your Net Worth
Total Assets
$0
Total Liabilities
$0
Net Worth
$0
Understanding Net Worth
Net worth is the single most important measure of financial health. The formula is simple:
Net Worth = Total Assets − Total Liabilities
A positive net worth means you own more than you owe. A negative net worth is common early in life (especially with student loans or a new mortgage) and simply means you're still in the accumulation phase.
What's a "Good" Net Worth?
Net worth varies enormously by age, income, and cost of living. A rough rule of thumb is the millionaire next door formula:
Target Net Worth = (Age × Gross Annual Income) ÷ 10
If your actual net worth exceeds this number, you're ahead of pace. Below it, there's room to grow by saving more, reducing debt, or both. Use the retirement savings calculator to estimate whether your current trajectory supports your long-term goals.
Liquid vs. Illiquid Assets
Not all assets are equally accessible. Liquid assets (cash, checking, savings) can be accessed immediately. Illiquid assets (home equity, retirement accounts, real estate) are real but can't be tapped quickly without cost or penalty. A healthy net worth includes both, but having sufficient liquid assets is equally important for handling emergencies.
Growing Your Net Worth
There are only two levers: increase assets or decrease liabilities. In practice:
- Automate savings — consistent contributions to retirement accounts are the most reliable path to asset growth
- Pay down high-interest debt — eliminating credit card debt returns a guaranteed rate equal to the card's APR
- Invest regularly — use the compound interest calculator to see how even small monthly investments compound over decades
- Track annually — recalculate your net worth once a year to measure progress and stay motivated
Frequently Asked Questions
Should I include my 401(k) in net worth?
Yes — your retirement accounts are real assets and should be included. Note that you'll owe income tax when you withdraw from a traditional 401(k), so the "true" value net of taxes is somewhat lower. Roth accounts have no withdrawal tax after age 59½.
Do I count my home at market value or purchase price?
Always use current market value. Your net worth reflects what you could actually sell assets for today. If you bought your home for $250,000 and it's now worth $400,000, enter $400,000. The outstanding mortgage balance goes in the liabilities section.
Should I include Social Security in my assets?
Most financial planners omit Social Security from net worth calculations because it's not a transferable asset — it's a future income stream. Some people do include a present-value estimate, but this calculator keeps it simple.
What about leased vehicles?
You don't own a leased car, so it has no asset value and no associated debt on your balance sheet from the lease itself. However, any remaining lease payments are an obligation you might include as a liability to get a fuller picture.
