Net Worth Calculator
Calculate your net worth by totaling your assets and subtracting your liabilities. Your single most important financial number.
Assets (What You Own)
Liabilities (What You Owe)
Understanding Your Net Worth
Net worth is the most comprehensive measure of your financial health. Unlike income (which shows cash flow) or savings balance (which shows one account), net worth captures everything: your home equity, retirement accounts, investments, cash, car value, and all debts.
The formula is simple: Assets minus Liabilities equals Net Worth. A positive net worth means you own more than you owe. A negative net worth (common among young adults with student loans) means the reverse, but doesn't mean you're in trouble — it depends on trajectory.
The benchmark that matters most is your own trend over time. Calculate your net worth quarterly or annually and track whether it's increasing. A net worth that grows $10,000-$30,000 per year is excellent progress for most households.
For context: Federal Reserve data shows the median net worth of American families is around $192,700, but this varies enormously by age and education. Comparing yourself to peers in similar life stages is more useful than comparing to overall averages.