📖 Overview
Use this calculator to find your current net worth by subtracting what you owe from what you own.
⚙️ How It Works
Calculates net worth by subtracting all liabilities from all assets.
The Formula
Net Worth = Total Assets − Total Liabilities
| Assets | Everything you own with monetary value (home, savings, investments, vehicles) |
| Liabilities | Everything you owe (mortgage, car loans, student loans, credit cards) |
💡A positive net worth means you own more than you owe. A negative net worth is common early in life or career. The goal is consistent growth over time, not a single number.
Quick Reference
| Age (approx.) | US Median Net Worth |
|---|---|
| Under 35 | ~$13,900 |
| 35 – 44 | ~$91,000 |
| 45 – 54 | ~$168,600 |
| 55 – 64 | ~$212,500 |
| 65 – 74 | ~$266,400 |
Practical Tips
💡 Update your net worth statement at least annually.
💡 Track trend over time, not just the current number.
💡 Include illiquid assets like home equity with realistic valuations.
Frequently Asked Questions
❓ Should I include my home?
Yes — include its current market value as an asset and the outstanding mortgage as a liability.
❓ Is a high income the same as high net worth?
No. High earners with high spending can have low or negative net worth.