Net Worth Calculator
Add up your assets and liabilities to get your current net worth — with a visual breakdown by category and instant share link.
Net worth
$183,500
Total assets exceed total liabilities.
Total assets
$488,000
Total liabilities
$304,500
Home equity
$90,000
Debt-free assets
$120,000
- Home equity is calculated as home market value minus outstanding mortgage balance. It does not account for selling costs (~5–8% of sale price in commissions and closing fees).
- Retirement accounts are shown at face value, not after-tax value. A traditional 401(k) or IRA balance will be reduced by income tax on withdrawal — typically 20–35% of the balance, depending on your future bracket.
- Vehicle value depreciates rapidly and is often overestimated. Check Kelley Blue Book for your car's current private-party value.
- Net worth is a snapshot, not a forecast. Use the compound interest calculator to project how today's investable assets grow over time.
What net worth really measures
Net worth is the simplest and most comprehensive measure of your financial health. It's calculated by adding everything you own (assets — cash, investments, home value, vehicles) and subtracting everything you owe (liabilities — mortgage, car loans, credit cards, student loans). The result is a single number that tells you whether you're building wealth or losing ground.
Most people track their income and spending obsessively but never calculate their net worth. Income and spending are flows; net worth is a stock. You can earn $100K a year and still have a shrinking net worth if your spending and debt growth outpace your asset accumulation.
Why it matters to your money
Tracking net worth over time is the best way to know if your financial plan is working. If your salary goes up but your net worth stays flat, you're spending every raise. If your net worth is growing, you're winning — even in years when the market is down.
Read the full guide on growing your net worth for strategies on how to accelerate your progress, including the impact of savings rate, investment returns, and debt reduction.
Rules of thumb
- Fidelity's benchmarks: By 30, aim for 1× your salary; by 40, 3×; by 50, 6×; by 60, 8×. These are rough targets based on saving 15% of your income and investing at market returns.
- Savings rate matters most early on: The single biggest driver of net worth growth in your first 10–20 years is how much you save, not investment returns. A 20% savings rate beats a 10% rate with higher returns.
- Negative net worth is normal early: Student loans and a mortgage can make net worth negative for years. What matters is the trajectory — is it trending up year over year?
Frequently asked questions
- What is net worth and why does it matter?
- Net worth is the difference between everything you own (assets) and everything you owe (liabilities). It's the clearest single-number summary of your financial position — and tracking it over time shows whether you're moving in the right direction.
- What should I include as assets?
- Include: checking and savings accounts, investment accounts, retirement accounts (401k, IRA, Roth), home equity (market value minus mortgage balance), vehicles, and any other valuable property. Don't include everyday items like furniture or clothing.
- What is a good net worth by age?
- A common benchmark: by 30, aim for 1× your annual salary; by 40, 3×; by 50, 6×; by 60, 8×. These are rough targets — what matters more is your trajectory and whether your net worth is growing faster than your spending.
- How fast should my net worth grow?
- At a minimum, faster than inflation (~3%/year). With a 50% savings rate invested at 7% returns, net worth can grow by 15–20% per year in the accumulation phase. The key variable is how much of your income you save and invest.