Free Financial Tool

Net Worth Calculator

Add your assets and liabilities to see your complete financial picture.

Assets (what you own)

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Liabilities (what you owe)

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Your Net Worth
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Assets − Liabilities
Total assets$0
Total liabilities$0
Net worth$0
Median net worth by age (Federal Reserve 2023)
AgeMedian net worthAverage net worth
Under 35$39,000$183,000
35–44$135,000$549,000
45–54$247,000$975,000
55–64$365,000$1,566,000
65–74$410,000$1,794,000

What is net worth?

Net worth is simply everything you own minus everything you owe. It's the most comprehensive single metric for your financial health. A positive net worth means your assets exceed your debts; a negative net worth means you owe more than you own.

What counts as an asset?

Cash, savings accounts, investments, retirement accounts, home equity, vehicles, and valuable personal property. Don't overestimate — use realistic market values, not what you paid or hope to get.

How to grow your net worth

There are only two levers: increase assets (save and invest more) or decrease liabilities (pay off debt). High-interest debt like credit cards destroys net worth fastest — eliminating it first gives the biggest boost. Then redirect those payments toward investments. Use our retirement calculator to project where your net worth could be in 10–30 years.

Frequently asked questions

What is net worth?

Net worth = total assets minus total liabilities. It's the clearest single number for your financial health. A positive number means you own more than you owe.

What is a good net worth by age?

Median net worth by age (Federal Reserve, 2023): under 35: $39K; 35–44: $135K; 45–54: $247K; 55–64: $365K; 65–74: $410K. These are medians — half of people have more, half have less.

Should I include my home in net worth?

Yes. Include the current market value as an asset and your remaining mortgage as a liability. The difference is your home equity.

Is negative net worth bad?

Not necessarily when young. Student loans and mortgages often cause negative net worth early on. What matters most is the trend — is it improving over time?

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