Finance

Net Worth Calculator

Calculate your total net worth by listing your assets and liabilities side by side. Add as many categories as you need for a complete financial snapshot.

Assets

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Liabilities

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Enter your assets and liabilities above to calculate your net worth.

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Net Worth Formula

Net worth is the simplest summary of your financial health — what you own minus what you owe.

Net Worth = Total Assets − Total Liabilities

Example: $400,000 assets − $250,000 liabilities = $150,000 net worth

Why Tracking Net Worth Matters

Net worth is the single most comprehensive measure of your financial health. Unlike income, which only tells you how much money flows in, or savings, which only covers one asset class, net worth accounts for everything you own and everything you owe. Tracking it regularly gives you a complete picture of whether you are building or eroding wealth over time.

A growing net worth means your assets are appreciating, your debts are shrinking, or both. A shrinking net worth may indicate overspending, underperforming investments, or mounting debt — all of which are easier to course-correct when caught early through regular tracking.

Use this calculator periodically to measure your financial progress. Update it whenever significant changes occur, such as paying off a loan, making a large purchase, or seeing significant movement in your investment accounts or property value.

Frequently asked questions

What is net worth and how is it calculated?
Net worth is the total value of everything you own minus everything you owe. It is calculated by adding up all your assets, including cash, investments, property, and valuables, and then subtracting all your liabilities such as mortgages, loans, and credit card balances. The result is a single number that represents your overall financial position.
What should I include as assets in my net worth calculation?
Assets include cash and bank balances, retirement and investment account balances, the current market value of real estate you own, vehicle values, business ownership stakes, and valuable personal property like jewellery or collectibles. Use current market values rather than purchase prices for items like homes and vehicles to get an accurate snapshot.
What should I include as liabilities when calculating net worth?
Liabilities include the remaining balance on your mortgage, car loans, student loans, personal loans, credit card balances, medical debt, tax obligations, and any money owed to family or friends. Always use the current outstanding balance rather than the original loan amount to reflect what you actually still owe.
What is considered a good net worth at different ages?
A common rule of thumb suggests that your net worth at age 30 should approach your annual salary, rising to two to three times your salary by age 40 and continuing to grow from there. However, net worth norms vary enormously by income, cost of living, and individual circumstances. The most meaningful metric is whether your net worth is growing consistently over time.
Can net worth be negative, and what does that mean?
Yes, a negative net worth means your total liabilities exceed your total assets. This is common early in adulthood due to student loans or mortgages on recently purchased homes. A negative net worth is not inherently alarming as long as your income is growing and you are making progress reducing debt faster than you are accumulating new obligations.
How often should I calculate my net worth?
Most financial advisers recommend tracking net worth quarterly or at least annually. More frequent tracking, such as monthly, gives you faster feedback on whether your financial habits are moving the number in the right direction. Consistent tracking over time is more valuable than any single snapshot because it reveals trends in wealth accumulation or debt reduction.

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