Net Worth Calculator

What Is Net Worth?

Your 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). Think of it as a financial health score — the higher your net worth, the more financial security you have.

The formula is simple: Net Worth = Total Assets − Total Liabilities

A positive net worth means you own more than you owe. A negative net worth means your debts exceed your assets — common for young adults with student loans, but something to actively work on improving.

What Counts as an Asset?

Assets include cash in bank accounts, retirement accounts (401k, IRA, Roth IRA), investment portfolios, real estate (current market value), vehicles, valuable personal property, business ownership, and any other items of significant monetary value. Focus on liquid and investable assets for a clearer picture of accessible wealth.

How to Increase Your Net Worth

There are two levers for building net worth: growing your assets and reducing your liabilities. On the asset side, consistently invest in tax-advantaged retirement accounts, build an emergency fund, and explore additional income streams. On the liability side, aggressively pay down high-interest debt (especially credit cards) and avoid taking on unnecessary new debt.

Track your net worth quarterly or monthly. Watching the number grow provides motivation and helps you spot financial problems early. The median net worth in the U.S. varies widely by age: around $10,800 for those under 35, up to $266,400 for those aged 55–64 (Federal Reserve Survey of Consumer Finances).