How the net worth calculator works
Net worth is the single most important number in personal finance. It answers the question: "Am I getting ahead?" by capturing everything you own versus everything you owe in one figure.
Net Worth = Total Assets − Total Liabilities
Enter the current market value of each asset category and the outstanding balance of each debt. The calculator totals both sides and shows the difference. A positive result means you own more than you owe; a negative result means the opposite, which is common early in a career.
What to include
Assets are things that have monetary value: bank balances, brokerage and retirement accounts (use the current balance, not the contribution amount), the estimated resale value of your home and vehicles, and other valuable property.
Liabilities are outstanding debt balances: what you still owe on your mortgage, car loan, student loans, and credit cards. Use the current payoff balance, not the original loan amount.
Debt-to-asset ratio
This shows liabilities as a percentage of total assets. A ratio under 50% is generally considered healthy; above 80% means most of what you own is financed.
Frequently asked questions
What is net worth?
Net worth is the total value of what you own minus what you owe. A positive net worth means assets exceed debts; negative net worth means the opposite. Tracking it over time shows whether you are building or eroding financial health.
What counts as an asset?
Cash, savings, checking accounts, investments (stocks, bonds, ETFs), retirement accounts (401(k), IRA, pension), the market value of real estate and vehicles, and other valuable property.
What counts as a liability?
Outstanding debt balances: mortgage, car loans, student loans, credit card balances, personal loans, medical debt, and any other money you owe to others.
Should I include my home?
Yes. Use your home's current estimated market value as an asset and your outstanding mortgage balance as a liability. The difference is your home equity.
What is a good net worth by age?
A common rule of thumb: net worth should roughly equal your age times your pre-tax annual income divided by 10. That said, individual circumstances vary widely. The most important thing is a positive trend over time, not hitting a specific number.