Net Worth Calculator
Calculate your net worth by subtracting your total liabilities from your total assets.
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Your net worth is the single most useful number in personal finance — it tells you whether you are building wealth or falling behind. This calculator computes it in one step: total assets minus total liabilities. Enter what you own and what you owe, and the result appears immediately with a clear positive or negative indicator. Net worth is a snapshot, not a verdict. A negative net worth is common at 25 (student debt, no home equity yet) and unusual at 45. What matters is the direction and rate of change. Running this calculation monthly or quarterly gives you a trend line that is far more informative than any single figure. Use it as a starting point: if the result is lower than expected, the next step is to identify which liabilities are costing the most in interest and which assets are growing (or not). The goal for most people is a steadily increasing net worth year over year, even if the absolute number seems small right now.
How to Use the Net Worth Calculator
The Net Worth Calculator is designed to give you an accurate answer in seconds. Follow these steps:
- 1Enter your total assets in the Total Assets field. The minimum value is 0. The default is $150000. Adjust this to match your specific situation.
- 2Enter your total liabilities in the Total Liabilities field. The minimum value is 0. The default is $50000. Adjust this to match your specific situation.
- 3Click Calculate to see your results instantly. The output updates as soon as you submit.
No account or sign-up required. All calculations run locally in your browser — nothing is stored or transmitted to any server.
Example Calculation
Here is what the Net Worth Calculator produces with its default values. Change any input above to recalculate instantly for your own figures.
Inputs
- Total Assets$150000
- Total Liabilities$50000
Results
- Net Worth$100000
How It Works
Net Worth = Total Assets − Total Liabilities
Formula: Net Worth = Total Assets − Total Liabilities Assets are everything you own that has monetary value: cash, savings accounts, investment accounts, retirement funds (401k, IRA, pension), home equity (market value minus mortgage balance), car value, and other property. Liabilities are everything you owe: mortgage balance, car loans, student debt, credit card balances, personal loans, and any other debt. Example: $150,000 in assets (home equity: $80,000, retirement: $45,000, savings: $25,000) minus $50,000 in liabilities (student loans: $30,000, car loan: $20,000) = $100,000 net worth. Note: only include equity in your home — the market value minus the remaining mortgage balance — not the full property value. Including the full value inflates your assets while the mortgage liability is listed separately, which double-counts the debt.
Frequently Asked Questions
What is the average net worth by age?
According to US Federal Reserve data, median net worth is approximately: under 35: $39,000; 35–44: $135,000; 45–54: $247,000; 55–64: $364,000; 65+: $409,000. Mean (average) figures are much higher because they are skewed by very wealthy households. Median is a more useful benchmark. These figures include home equity, which is the largest asset for most Americans.
What counts as an asset?
Assets include: cash and bank accounts, investment accounts (brokerage, 401k, IRA, pension), home equity (market value minus mortgage), vehicle value (current resale, not purchase price), valuable personal property (art, jewellery, collectibles with a real market), and any business equity you own. Do not include depreciating items like furniture or electronics — their value is negligible and tracking them adds complexity without improving accuracy.
What counts as a liability?
Liabilities include all debts: mortgage balance (not the home value — that is an asset), car loans, student loans, credit card balances, personal loans, medical debt, tax debt, and any informal money owed. Use current outstanding balances, not original loan amounts. Include credit card balances even if you plan to pay them off — the point of net worth is an accurate snapshot right now.
Does home equity count toward net worth?
Yes — home equity (market value minus mortgage balance) is typically the largest single asset for most homeowners. If your home is worth $350,000 and you owe $220,000 on the mortgage, your home equity is $130,000. Do not enter the full $350,000 as an asset while also listing the $220,000 mortgage as a liability — that would count the debt twice. Enter only the equity ($130,000) in the assets field.
How can I improve my net worth?
Net worth grows by increasing assets, reducing liabilities, or both. The highest-impact actions are: paying down high-interest debt (each dollar paid saves that interest rate in guaranteed return), increasing contributions to retirement accounts (compound growth over decades), and building an emergency fund so unexpected costs do not force new debt. Small consistent actions — adding $200/month to a retirement account at 30 — create larger net worth gains than dramatic one-time moves.