Finance
Net Worth Calculator
Calculate your total net worth by listing your assets (what you own) and liabilities (what you owe). See how you compare to the median net worth by age and get actionable tips to grow your wealth.
✅ Assets
Cash & checking
Savings accounts
Investments / stocks
Retirement (401k/IRA)
Home value
Vehicle value
Other assets
Total: $0
❌ Liabilities
Mortgage balance
Car loan
Student loans
Credit card debt
Personal loans
Other debts
Total: $0
Your Net Worth
$0
Positive — you own more than you owe
Tips to Grow Your Net Worth
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Max out retirement accounts first
401k up to $23,000/year (2025), IRA up to $7,000. Tax-advantaged growth is the single biggest wealth accelerator available to most people.
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Build home equity
Every mortgage payment increases your net worth. Extra principal payments reduce interest and build equity faster — even $100/month extra saves years.
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Eliminate high-interest debt
Paying off 20% APR credit card debt is a guaranteed 20% return on your money — better than most investments.
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Track it every quarter
People who track their net worth grow it faster. Set a calendar reminder to update this calculator every 3 months.
Average Net Worth by Age (US, 2022)
| Age Group | Median | Mean | Context |
|---|---|---|---|
| Under 35 | $39,000 | $183,000 | Building foundation, often negative due to student loans |
| 35–44 | $135,600 | $549,000 | Career growth, home equity building |
| 45–54 | $247,200 | $975,000 | Peak earning years, retirement savings accelerating |
| 55–64 | $364,500 | $1,566,000 | Pre-retirement accumulation phase |
| 65–74 | $409,900 | $1,795,000 | Retirement transition, spending from assets |
| 75+ | $335,600 | $1,624,000 | Asset drawdown phase |
Source: Federal Reserve Survey of Consumer Finances (2022). Median is more representative — mean is skewed by ultra-high-net-worth households.
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Frequently Asked Questions
What is net worth and how is it calculated?
Net worth = Total Assets − Total Liabilities. Assets are everything you own that has monetary value: cash, investments, property, vehicles. Liabilities are everything you owe: mortgage, car loans, credit card debt, student loans. A positive net worth means you own more than you owe. Net worth is the most comprehensive single measure of your financial health.
What is a good net worth by age?
According to the Federal Reserve Survey of Consumer Finances (2022): Under 35: median $39,000, mean $183,000. Age 35–44: median $135,600. Age 45–54: median $247,200. Age 55–64: median $364,500. Age 65–74: median $409,900. Median is more representative than mean because mean is skewed heavily by ultra-wealthy households. A commonly cited rule: net worth target = (age − 25) × annual income ÷ 5.
Should I include my home in my net worth?
Yes — your home equity (market value minus mortgage balance) is part of your net worth. However, home equity is illiquid (you can't easily access it without selling or refinancing), so some financial planners calculate two numbers: total net worth (including home) and liquid net worth (excluding home and other illiquid assets). Both are useful to track.
How do I increase my net worth?
Net worth grows through four levers: (1) Earn more — higher income creates more surplus to invest. (2) Save more — every dollar not spent is a dollar that can be invested. (3) Invest wisely — money in index funds grows through compound returns. (4) Reduce debt — paying off high-interest debt is a guaranteed return equal to the interest rate. The most impactful single action for most people is maximizing tax-advantaged retirement accounts (401k, IRA).
What is the difference between net worth and income?
Income is the flow of money you earn (salary, business income, dividends). Net worth is the stock of accumulated wealth at a point in time. High income does not automatically mean high net worth — a doctor earning $400,000/year but spending $390,000 has a poor net worth. Conversely, someone earning $60,000 who saves and invests consistently can accumulate a net worth of $1M+ over 30–40 years through compound growth.
How often should I calculate my net worth?
Quarterly is ideal for most people — frequent enough to track progress and catch problems, infrequent enough that normal market fluctuations don't cause unnecessary stress. Annual minimum is sufficient for most. Use the same date each time (e.g. January 1) for consistent comparison. Tracking net worth over time is one of the most motivating and effective personal finance habits — what gets measured gets managed.
What is a debt-to-asset ratio and what is healthy?
Debt-to-asset ratio = Total Liabilities ÷ Total Assets × 100. It shows what percentage of your assets are financed by debt. Under 50%: healthy — you own more than half your assets outright. 50–80%: moderate — manageable but work to reduce. Over 80%: high — significant financial risk if income drops. Under 30%: strong financial position. A ratio of 0% means you're entirely debt-free. This calculator shows your ratio alongside your net worth.