Personal Net Worth Calculator
Your personal net worth is the single most comprehensive snapshot of your financial position. It shows whether you are building wealth or accumulating debt, and it provides the foundation for retirement planning, insurance needs, and estate planning. To calculate your net worth, add up the current market value of everything you own, then subtract every outstanding debt you owe. The difference is your net worth. A positive and growing net worth over time indicates you are making financial progress. This calculator organises assets and liabilities into categories to help ensure you capture everything accurately.
Assets
Liabilities
Net worth formula
Total Assets = Cash + Investments + Retirement + Real Estate + Vehicles + Other
Total Liabilities = Mortgage + HELOC + Auto Loan + Student Loans + Credit Cards + Other
Net Worth = Total Assets - Total Liabilities
Net worth: frequently asked questions
What is net worth?
Net worth is the total value of everything you own (assets) minus the total value of everything you owe (liabilities). A positive net worth means your assets exceed your debts. A negative net worth means your debts exceed your assets, which is common early in life (student loans, mortgages) but should trend positive as you build wealth over time.
What should I include in my assets?
Assets include: cash and bank accounts; investment accounts (taxable brokerage, retirement accounts including 401(k), IRA, Roth IRA); home equity (current market value, not purchase price); other real estate equity; vehicle values (current market value); business interests; personal property of significant value (jewellery, art, collectibles); and the cash value of life insurance policies.
What should I include in my liabilities?
Liabilities include: mortgage balance(s); home equity loan or HELOC balance; auto loan balances; student loan balances; credit card balances; personal loan balances; medical debt; taxes owed; any other money you legally owe to others. Include the full outstanding balance, not the monthly payment amount.
How often should I calculate my net worth?
Many personal finance advisors recommend calculating net worth at least annually, ideally quarterly. Regular tracking lets you see whether your financial trajectory is improving, helps identify problem areas (growing debt, insufficient savings), and provides a motivating measure of long-term progress. Some people track monthly, though this level of frequency can overemphasise short-term market movements in investment accounts.
What is a good net worth by age?
Net worth benchmarks vary widely by income and life stage. A common guideline from financial planners is to have a net worth of approximately your annual salary by age 30, three times your salary by age 40, and seven to ten times by retirement. However, these are rough guides and your circumstances (income, cost of living, family situation, market conditions) significantly affect what is appropriate for you.
Official sources
- Federal Reserve Survey of Consumer Finances: Distribution of Household Wealth in the US.
- Consumer Financial Protection Bureau: Financial Well-Being Resources.
Reviewed by the CalculatorHub team, edited by James Graham, 14 June 2026. See our methodology.