Net Worth Calculator
Add up everything you own, subtract everything you owe, and get your net worth.
What this calculator does
Adds up everything you own (assets) and subtracts everything you owe (liabilities) to give you a single net worth figure — a standard benchmark for tracking overall financial position over time.
Who this is for
Anyone wanting a periodic check-in on their overall financial position, people tracking progress toward a long-term financial goal, or anyone preparing a personal financial statement for a loan application, financial planning session, or their own records.
How this calculator works
Net worth = assets − liabilities. It's a snapshot, not a full financial picture — tracking it monthly or quarterly over time is far more useful than a single number.
Worked example
Assets of $150,000 (cash, investments, a car, home equity) minus liabilities of $90,000 (mortgage balance, car loan, credit cards): $150,000 − $90,000 = $60,000 net worth. A negative result (more owed than owned) is common early in life — for example, right after taking out student loans or a mortgage — and isn't unusual or alarming on its own.
Assets vs. liabilities
Run the calculator above to compare your assets and liabilities.
How Your Net Worth Compares by Age
The Federal Reserve's Survey of Consumer Finances (2022, the most recent available — the next survey is expected in late 2026) is the most comprehensive source of U.S. household net worth data. Median net worth by age: under 35, about $39,000. Ages 35-44, about $135,600. Ages 45-54, about $247,200. Ages 55-64, about $364,500. Ages 65-74, about $409,900 (typically the peak). Ages 75+, about $335,600, reflecting drawdown in retirement.
The average net worth at each age is dramatically higher than the median — often 3-4x higher — because a small number of very wealthy households pull the average up. The median (the middle household, with half above and half below) is the more useful comparison for most people, since it isn't skewed by outliers the way the average is.
Common mistakes
- Overvaluing illiquid assets. A home or car's market value isn't the same as what you'd actually net after selling costs — be realistic, especially for a number you're using to make decisions.
- Forgetting smaller liabilities. Credit card balances, buy-now-pay-later plans, and personal loans to family members are easy to leave out but still count.
- Treating a single snapshot as the full story. Net worth naturally fluctuates with markets and asset values — the trend over time matters more than any single calculation.
- Comparing your net worth to someone else's without context. Age, career stage, region, and family circumstances all affect what's a "typical" net worth — a raw number without that context isn't very meaningful.
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Frequently Asked Questions
How often should I calculate my net worth?
Monthly or quarterly is common for people actively tracking progress — frequent enough to spot trends, infrequent enough that normal market noise doesn't cause unnecessary stress.
Should I include my home's value as an asset?
Yes, typically at a realistic current market estimate, with your mortgage balance counted separately as a liability. Just be aware that home value is illiquid and can fluctuate with the local market.
What's a good net worth for my age?
According to the Federal Reserve's 2022 Survey of Consumer Finances, median net worth runs roughly $39,000 under 35, $135,600 for 35-44, $247,200 for 45-54, $364,500 for 55-64, and peaks around $409,900 for 65-74. This varies enormously by income, location, and life circumstances, so treat these as orientation, not a strict target — tracking your own trend over time is generally more useful than comparing to an average.
Why is average net worth so much higher than median net worth?
A small number of very wealthy households pull the average up dramatically — often 3-4x the median at the same age. The median (the middle household) is the more representative figure for where most people actually stand.