💎 Net Worth Calculator
Calculate your net worth by tracking assets and liabilities
Your Net Worth
$0
Total Assets
$0
Total Liabilities
$0
📊 Assets (What You Own)
Cash & Bank Accounts
Investments
Property & Vehicles
💳 Liabilities (What You Owe)
Home Debt
Loans
Credit Cards & Other Debt
Liquid Assets
$0
Cash + Bank Accounts
Investment Assets
$0
Retirement + Stocks
Property Assets
$0
Home + Vehicles
📖 How to Use This Calculator
1. Enter Your Assets
List everything you own with current market values: cash, bank accounts, investments, retirement accounts, home, vehicles, and other property.
2. Enter Your Liabilities
List all debts with current balances: mortgage, car loans, student loans, credit cards, and other debts.
3. Review Your Net Worth
The calculator automatically computes your net worth (assets - liabilities) and shows category breakdowns.
4. Track Over Time
Calculate your net worth regularly (quarterly or annually) to track your financial progress and ensure you're moving toward your goals.
💡 Understanding Net Worth
What is Net Worth?
Net worth is a snapshot of your financial health. It's calculated as:
Net Worth = Total Assets - Total Liabilities
A positive net worth means you own more than you owe. A negative net worth means you owe more than you own.
Asset Categories
- Liquid Assets: Cash and accounts easily converted to cash
- Investment Assets: Stocks, bonds, retirement accounts that grow over time
- Property Assets: Real estate, vehicles, and physical property
Why Track Net Worth?
Tracking net worth helps you:
- See the big picture of your financial health
- Track progress toward financial goals
- Make better financial decisions
- Identify areas for improvement
- Plan for retirement and major life events
Net Worth by Age Rule
A rough guideline for target net worth: Age × Annual Income ÷ 10
Example: A 40-year-old earning $80,000 should aim for $320,000 net worth (40 × $80,000 ÷ 10). This is just a guideline - your situation may differ.
❓ Frequently Asked Questions
Is negative net worth bad?
Not necessarily, especially early in your career. Many people have negative net worth due to student loans or mortgages. The key is having a plan to increase it over time through saving, investing, and paying down debt.
Should I include my home in net worth?
Yes. Include your home's current market value as an asset and your mortgage balance as a liability. The difference (home equity) is part of your net worth. However, remember that home equity is not liquid and can't be easily accessed.
How often should I calculate net worth?
Most financial experts recommend tracking net worth quarterly (every 3 months) or at least annually. This frequency is enough to see trends without being overwhelming.
What if my net worth is decreasing?
Analyze why: Are asset values declining? Are you taking on more debt? Review your budget, reduce unnecessary expenses, focus on paying down high-interest debt, and increase savings. Temporary decreases can happen, but the long-term trend should be upward.
Is my data private?
Yes. All calculations happen in your browser. Your data never leaves your device and is completely private.