Net Worth Calculator
Add your assets and liabilities to see your total net worth, debt-to-asset ratio, and visual breakdowns. Your data stays in your browser and is never sent to any server.
What Is Net Worth?
Net worth is the single most important number in personal finance. It represents the difference between everything you own (your assets) and everything you owe (your liabilities). A positive net worth means your assets exceed your debts, while a negative net worth means you owe more than you own. Tracking your net worth over time gives you a clear picture of whether your financial health is improving or declining.
How to Calculate Net Worth
The formula is straightforward: Net Worth = Total Assets − Total Liabilities. Start by listing all your assets at their current market value — bank accounts, investment portfolios, retirement accounts (401k, IRA, Roth IRA), real estate, vehicles, and any other valuable property. Then list all your liabilities at their outstanding balance — mortgages, auto loans, student loans, credit card debt, personal loans, and any other amounts owed. The difference is your net worth.
Average Net Worth by Age
The Federal Reserve’s Survey of Consumer Finances provides benchmark data for American households. Median values are more representative than averages, since a few ultra-wealthy households skew the mean significantly.
| Age Group | Median Net Worth | Average Net Worth |
|---|---|---|
| Under 35 | $39,000 | $183,500 |
| 35 – 44 | $135,600 | $549,600 |
| 45 – 54 | $247,200 | $975,800 |
| 55 – 64 | $364,500 | $1,566,900 |
| 65 – 74 | $409,900 | $1,794,600 |
| 75+ | $335,600 | $1,624,100 |
Source: Federal Reserve Survey of Consumer Finances (2022 data, published 2023).
Tips for Improving Your Net Worth
Growing your net worth comes down to two levers: increasing your assets and reducing your liabilities. Build an emergency fund, maximize retirement contributions, pay down high-interest debt first (using the debt payoff calculator to plan), avoid lifestyle inflation when your income rises, and invest consistently over time. Even small improvements compound into significant wealth gains over the years.
Frequently Asked Questions
What should I include in my net worth calculation?
Include all assets you own (bank accounts, investments, retirement accounts, real estate, vehicles, valuables) and all liabilities you owe (mortgages, auto loans, student loans, credit card balances, personal loans). Use current market values for assets and outstanding balances for debts.
Should I include my home in net worth?
Yes. Your home is typically your largest asset. Include its current estimated market value as an asset and your remaining mortgage balance as a liability. The difference is your home equity, which contributes to your net worth.
How often should I calculate my net worth?
Most financial advisors recommend calculating your net worth quarterly or at least twice per year. Tracking it regularly helps you spot trends, measure progress toward financial goals, and catch potential issues early.
What is a good net worth for my age?
According to the Federal Reserve Survey of Consumer Finances, the median net worth for Americans under 35 is about $39,000, ages 35–44 is $135,600, ages 45–54 is $247,200, ages 55–64 is $364,500, and 65–74 is $409,900. These are medians, not averages, so they better represent typical households.
Is my data saved or sent anywhere?
No. All calculations happen entirely in your browser. Your financial data is saved to your device’s local storage so it persists between visits, but it is never transmitted to any server. You can also export and import your data as a CSV file.