About the Net Worth Calculator
Your net worth is everything you own minus everything you owe. It is the single best snapshot of financial progress because it captures saving, investing and paying down debt in one number. Enter your cash, investments, retirement accounts, home and other assets, then your mortgage, loans and card balances, and this calculator returns your net worth along with the breakdown behind it.
It is useful for an annual money check-up, before applying for a mortgage, when planning for retirement or financial independence, or simply to track whether you are moving in the right direction. Liquid net worth — cash and taxable investments minus short-term debt — shows how much you could reach quickly in an emergency.
Use current market values: what your home and car would sell for today, and account balances as of your latest statements. Retirement accounts are shown before tax, so the spendable value will be lower once withdrawals are taxed. A negative net worth is common early in a career, especially with student loans.
With the default inputs, the net worth is $275,000.00. Change any value above to recalculate instantly.
How to use the net worth calculator
- 1Gather your latest bank, brokerage, retirement and loan statements.
- 2Enter the current value of each asset, using realistic resale values for your home and car.
- 3Enter the outstanding balance of every debt.
- 4Add your age and income to see the rule-of-thumb benchmark.
- 5Recalculate every 6–12 months to track your progress.
Formula and method
Total assets are the current market value of everything you own: cash, investments, retirement accounts, real estate, vehicles and other valuables. Total liabilities are every outstanding balance you owe. Subtracting one from the other gives net worth.
Liquid net worth counts only cash and taxable investments, minus credit cards and other short-term debts, because those can be accessed quickly. The debt-to-asset ratio is liabilities ÷ assets. The benchmark uses the rule of thumb from "The Millionaire Next Door" — expected net worth = age × annual income ÷ 10 — which is a rough guide for mid-career earners.
- Assets
- Market value of everything you own
- Liabilities
- Outstanding balance of everything you owe
Worked examples
Homeowner in their mid-30s
Assets add up to $555,000 and debts to $280,000, for a net worth of $275,000. Liquid net worth is $82,000 ($25k cash + $60k investments − $3k cards). The age × income ÷ 10 benchmark for a 35-year-old earning $80,000 is $280,000, so this household is $5,000 short of it.
Recent graduate with student loans
With $26,000 of assets and $47,500 of debt — mostly student loans — net worth is −$21,500. That is normal early in a career; every loan payment and 401(k) contribution moves the number toward zero.
Pre-retiree approaching 55
Total assets of $1.835 million minus a $180,000 mortgage give a net worth of $1,655,000 — more than double the $825,000 age × income benchmark. Home equity is $470,000.
Frequently asked questions
How do I calculate my net worth?+
Add up the current value of everything you own (cash, investments, retirement accounts, home, car, other valuables), then subtract everything you owe (mortgage, car loans, student loans, credit cards). The result is your net worth.
Should I include my house in net worth?+
Yes — include its current market value as an asset and the mortgage as a liability, so only your equity counts. Some people also track net worth excluding their home because you cannot easily spend it while living there.
What is a good net worth for my age?+
A popular rule of thumb from "The Millionaire Next Door" is age × pre-tax income ÷ 10. It is only a rough guide — people who started working late or have large student loans will naturally be below it for years.
What is liquid net worth?+
Liquid net worth counts only assets you can turn into cash quickly without big penalties — cash and taxable investments — minus short-term debts like credit cards. It leaves out home equity and retirement accounts.
Should retirement accounts count toward net worth?+
Yes, they are your assets. Keep in mind that pre-tax 401(k) and traditional IRA balances will be taxed when withdrawn, so their after-tax value is lower than the statement balance.
Is a negative net worth bad?+
Not necessarily. Many young people have negative net worth because of student loans. What matters is the trend: if the number rises each year as you pay down debt and save, you are on track.
Results are estimates for educational purposes and are not financial advice. Rates, fees and terms vary — confirm with your lender or a licensed advisor before making decisions.