Free Net Worth Calculator
Net worth is the single number that summarizes your finances: everything you own minus everything you owe. Enter your assets and debts below for an instant snapshot, and re-run it quarterly to watch the trend.
This free net worth calculator subtracts total liabilities from total assets. For example, $470,000 in assets (home, savings, investments, car) minus $313,000 in liabilities (mortgage, student loans, cards) equals a $157,000 net worth. The trend over time matters more than any single snapshot, so recalculate every few months.
Estimates only. Use current fair-market values for assets like homes and vehicles, not purchase prices. This tool does not store your data. Not financial advice.
Email me my results
Get your calculation sent to your inbox, plus occasional tips about our free tools.
How net worth math works
Net worth = total assets - total liabilities. Assets are cash, bank balances, investments, retirement accounts, home value, vehicles, and anything else salable. Liabilities are mortgages, car loans, student loans, credit card balances, and any other debt.
Valuation honesty is the whole game. Homes count at current market value minus selling costs, not what you paid or what you hope. Cars depreciate fast, so use a realistic resale figure. Retirement accounts count at their current balance even though early withdrawals carry penalties.
A negative net worth is normal early on: student loans plus a starter salary often puts twenty-somethings underwater. The number that matters is the direction. Rising net worth means your plan works; flat or falling means spending or debt needs attention.
Net worth questions
What is a good net worth by age?
Fidelity's multiples double as net worth targets: about 1 times salary by 30, 3 times by 40, 6 times by 50, and 10 times by 67. Published averages skew high because a few wealthy households pull them up; medians are the better peer comparison. Behind the benchmark? The fix is saving more and killing high-interest debt, not exotic investing.
Does my house count in net worth?
If your home would sell for $400,000 and you owe $300,000, it contributes $100,000 to net worth. Use a realistic sale price minus roughly 6 to 8 percent selling costs. Some planners track net worth both with and without home equity, since you cannot spend the roof over your head.
What counts as an asset for net worth?
Count financial accounts at statement value, property at fair market value, and vehicles at resale value. Skip small household goods; nobody's sofa moves the number. Business owners should use a conservative valuation, since private businesses are illiquid and hard to price.
How often should I calculate net worth?
Monthly tracking tempts you to react to every market wiggle. Yearly is too slow to catch a drifting budget. Quarterly snapshots plotted over time reveal whether saving and debt payoff are compounding or stalling, which is the entire point of the exercise.