💰 Net Worth Calculator
Calculate your personal net worth from total assets minus total liabilities.
Assets
Liabilities
What Is Net Worth and Why Track It?
Net Worth = Total Assets − Total Liabilities. It's the most comprehensive single measure of your financial position. Tracking net worth monthly or quarterly reveals whether you're building wealth over time — even in years when income doesn't grow. Many people are surprised to find their net worth is negative (common with student loans and early mortgages) or much higher than expected.
Average Net Worth by Age (US, 2024)
Under 35: $76K median / $183K mean. 35–44: $141K median / $549K mean. 45–54: $254K median / $975K mean. 55–64: $364K median / $1.57M mean. 65+: $409K median / $1.79M mean. The gap between median and mean reflects extreme wealth concentration at the top. Median is more representative of typical households.
People Also Ask
A common benchmark: 3× your annual salary by age 40. At $80K salary, target $240K net worth by 40. However, median net worth for 35–44 year olds is ~$141K — many people are behind this target due to student loans and high housing costs. Focus on the trajectory (increasing) rather than a specific number.
Yes — your home's equity (current value minus mortgage balance) is part of your net worth. However, home equity is illiquid — you can't spend it without selling or borrowing against it. Some financial planners calculate both total net worth (including home) and liquid/investable net worth (excluding home equity) for a more complete picture.