Net Worth Calculator
Calculate your personal net worth by entering your assets and liabilities. All fields are optional — fill in only the categories that apply to you for an accurate financial snapshot.
Net Worth Summary
Understanding Net Worth
Net worth is the foundational metric of personal financial health. Unlike income (which shows what flows in) or expenses (what flows out), net worth shows the cumulative result of all your financial decisions.
Growing Your Net Worth
Net worth grows when you: earn more than you spend, invest the difference, let compound growth work over time, pay down debt, and avoid lifestyle inflation. The formula is simple — consistently executing on it is the challenge.
Liquid vs. Total Net Worth
Liquid net worth includes cash, savings, and taxable investment accounts. It excludes retirement accounts (penalty to access), real estate (illiquid), vehicles (depreciating), and business equity (hard to value). For short-term financial planning, liquid net worth is the more relevant number.
Frequently Asked Questions
What is a good net worth by age?
A common benchmark is having saved one times your annual salary by age 30, three times by 40, six times by 50, and eight times by 60. These are rough guides — actual targets depend heavily on your income, cost of living, and retirement goals. What matters more than hitting a specific number is tracking consistent growth year over year.
Should I include my home in net worth?
Yes, but with perspective. Your primary home is an asset at market value minus the remaining mortgage. However, it's illiquid — you can't spend it without selling or borrowing against it. Many financial planners track net worth both with and without primary residence to get a clearer picture of investable assets available for retirement.
How often should I calculate my net worth?
Tracking net worth quarterly or annually is sufficient for most people. More frequent tracking can cause anxiety over short-term market fluctuations. The goal is to see the long-term trend — are you moving in the right direction year over year? A simple spreadsheet updated each January is all you need.
What's the fastest way to increase net worth?
The highest-leverage moves are: eliminating high-interest debt (guaranteed return equal to the interest rate), maximizing tax-advantaged accounts (401k, IRA, HSA), investing the surplus consistently, and avoiding lifestyle inflation as income grows. Increasing income matters, but only if the additional earnings are invested rather than spent.