Net Worth Calculator — Track Your Financial Health
Calculate your net worth by listing all assets and liabilities. Track your financial progress over time. See also Budget Calculator and Retirement Calculator.
How the Net Worth Calculator Works
Net worth is the single most important number in personal finance. It represents the difference between everything you own (assets) and everything you owe (liabilities). This calculator lets you add custom rows for each asset and liability, then computes your total net worth, asset-to-debt ratio, and percentage breakdowns. Tracking net worth over time is the best way to measure financial progress — it captures savings, investment growth, and debt reduction in one number.
Net Worth Formula
Net Worth = Total Assets − Total Liabilities
Asset-to-Debt Ratio = Total Assets / Total Liabilities
Assets include: cash, savings, investments, retirement accounts, real estate, vehicles
Liabilities include: mortgages, car loans, student loans, credit card debt, personal loans
Example Calculation
Assets: Cash $15,000 + Investments $45,000 + 401k $80,000 + Home $250,000 + Car $18,000 + Other $5,000
Total Assets = $413,000
Liabilities: Mortgage $180,000 + Car Loan $12,000 + Student Loans $25,000 + Credit Cards $3,000
Total Liabilities = $220,000
Net Worth = $413,000 − $220,000 = $193,000
Asset-to-Debt Ratio = 413,000 / 220,000 = 1.88
Average Net Worth by Age (US)
| Age Group | Median Net Worth | Average Net Worth | Target (Rule of Thumb) |
|---|---|---|---|
| Under 35 | $39,000 | $183,500 | 0.5× annual salary |
| 35-44 | $135,600 | $549,600 | 2× annual salary |
| 45-54 | $247,200 | $975,800 | 4× annual salary |
| 55-64 | $364,500 | $1,566,900 | 7× annual salary |
| 65-74 | $409,900 | $1,794,600 | 10× annual salary |
| 75+ | $335,600 | $1,624,100 | Varies |
*Source: Federal Reserve Survey of Consumer Finances (2022)
Frequently Asked Questions
What is a good net worth?
A common benchmark is to have a net worth equal to your annual salary by age 30, and 2× by 35. By retirement age (65), aim for 10-12× your annual salary. However, net worth varies greatly by location, career, and life circumstances. The most important thing is that your net worth is growing over time.
Should I include my home in net worth?
Yes, your home is an asset. Include its current market value as an asset and the remaining mortgage balance as a liability. Some financial planners also track "liquid net worth" (excluding home equity) since you can't easily spend your home's value.
What is a good asset-to-debt ratio?
An asset-to-debt ratio above 1.0 means you own more than you owe (positive net worth). A ratio of 2.0 or higher is considered healthy. Below 1.0 means you have negative net worth — your debts exceed your assets. Focus on increasing this ratio over time.
How often should I calculate my net worth?
Calculate your net worth at least quarterly, ideally monthly. Tracking it regularly helps you see the impact of your financial decisions, stay motivated, and catch problems early. Many people track it on a spreadsheet or app alongside this calculator.