Net Worth Calculator

Net worth is the single most important number in personal finance. It's a snapshot of your complete financial position: everything you own (assets) minus everything you owe (liabilities). Unlike income, which tells you how much you earn, or credit score, which tells you how creditworthy you are, net worth tells you how much wealth you've actually accumulated.

Assets include: cash and checking/savings accounts, investment accounts (brokerage, retirement accounts), real estate market value, vehicle market value, business ownership stake, and valuable personal property. Liabilities include: mortgage balance, auto loans, student loans, personal loans, credit card balances, and any other debts.

Net worth can be negative, which is very common for young adults with student loans and no accumulated assets. A negative net worth is not a crisis — it's a starting point. The key metric is whether your net worth is growing from month to month and year to year.

Median net worth by age in the US (Federal Reserve 2022 Survey): Under 35: $39,000. 35–44: $135,000. 45–54: $247,000. 55–64: $364,000. 65–74: $409,000. Note that mean (average) net worth is much higher because it's skewed by ultra-wealthy individuals. The median represents the typical American more accurately.

Strategies to grow net worth: (1) Increase income — negotiated raises, side income, or career changes. (2) Reduce liabilities — pay down high-interest debt. (3) Grow assets — invest consistently in diversified assets. (4) Avoid lifestyle inflation — when income rises, save the difference rather than spending more. The most powerful wealth-building habit is consistently spending significantly less than you earn and investing the difference.

Track your net worth monthly or quarterly using a simple spreadsheet or personal finance app. Watching the number grow is one of the most motivating aspects of personal finance.