Free Net Worth Calculator
Calculate your net worth by tracking all your assets and liabilities. Monitor your financial health, compare with peers, and track your wealth-building progress over time.
Net Worth Calculator
Track your wealth, analyze your health, and plan your future.
Wealth Distribution
Asset Allocation
Net Worth Composition
Financial Health Analysis
Smart Recommendations
Reduce Debt Burden
HIGHYour debt-to-asset ratio is 57.5%. Focus on paying down high-interest debt to improve financial health.
Diversify Asset Allocation
MEDIUM77% of your assets are in real estate. Consider diversifying into stocks, bonds, or other investments.
Net Worth Goal
Peer Comparison
Net Worth History
Not enough history yet.
Save snapshots over time to track your progress.
▲ Assets
$585,000▼ Liabilities
$336,200📚 Learn More About Net Worth
💎 What is Net Worth?
Net worth = Total Assets - Total Liabilities. It measures your financial health, not your income. A doctor earning $300K with $400K debt has lower net worth than a teacher earning $50K with $100K in savings.
Example: $500K home + $100K savings - $350K mortgage - $20K car loan = $230K net worth.
📊 Asset Categories
Cash, checking, savings, stocks, bonds. Accessible within days.
Home equity, cars. Takes weeks/months to convert to cash.
401(k), IRA, collectibles. Penalties or time to access.
💳 Liability Types
Mortgage (3-7%), student loans (3-6%). Low interest, builds assets or income.
Credit cards (18-30%), payday loans (400%+). High interest, no asset building.
📈 Net Worth by Age (US Median)
- Age 25-29: $7,000
- Age 30-34: $76,000
- Age 35-39: $136,000
- Age 40-44: $288,000
- Age 50-54: $590,000
- Age 60-64: $1,100,000
Source: Federal Reserve 2022 Survey
⚠️ Common Mistakes
- Forgetting assets (401k, home equity, HSA)
- Overvaluing illiquid assets (collectibles, crypto)
- Not tracking regularly (quarterly minimum)
- Comparing to others instead of tracking trends
- Ignoring small debts (they add up!)
- Using current home value vs purchase price
✅ Best Practices
- Track quarterly (1st day of Jan, Apr, Jul, Oct)
- Focus on trends, not snapshots
- Increase assets AND decrease liabilities
- Diversify assets (don't put all in one place)
- Use realistic valuations (not wishful thinking)
- Celebrate milestones ($0, $100K, $500K, $1M)
How to Use This Net Worth Calculator
Add All Assets
Enter cash, savings, investments, retirement accounts, home value, vehicles, and other assets you own.
Add All Liabilities
Enter mortgage, car loans, student loans, credit card debt, and any other money you owe.
Track Progress
Review your net worth, compare with age-group averages, and track quarterly to monitor wealth-building progress.
Frequently Asked Questions
What is a good net worth for my age?
Use the "10x rule" as a guideline: by age 30, aim for 1x your annual salary; by 40, aim for 3x; by 50, aim for 6x; by 60, aim for 8-10x. For example, if you earn $75K at age 40, target $225K net worth. However, median US net worth by age is: 30s = $76K, 40s = $288K, 50s = $590K, 60s = $1.1M. Don't stress if you're behind—focus on increasing your net worth year over year.
Should I include my home in net worth?
Yes, include your home's current market value as an asset and your remaining mortgage as a liability. Your home equity (value minus mortgage) is part of your net worth. However, remember your primary residence is semi-liquid—it takes time to sell and you need somewhere to live. Some financial experts prefer tracking "liquid net worth" (excluding home) separately to measure true financial flexibility. Track both for a complete picture.
How often should I calculate my net worth?
Calculate quarterly (every 3 months) on the same day—like the 1st of January, April, July, and October. This frequency is enough to track trends without obsessing over daily fluctuations. Annual tracking is too infrequent to catch problems early. Monthly can be excessive unless you're actively paying down debt or building wealth rapidly. Quarterly strikes the right balance and aligns with financial quarters for easier comparison.
What's the difference between net worth and income?
Income is what you earn (salary, wages, bonuses). Net worth is what you own minus what you owe. High income doesn't guarantee high net worth—a doctor earning $300K with $400K in student loans and lifestyle inflation has lower net worth than a teacher earning $50K who saves 20% annually. Net worth measures accumulated wealth over time, while income measures current earning power. Focus on both: increase income AND save/invest to build net worth.