Net Worth Calculator

Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It's the most comprehensive measure of your financial health. A positive net worth means you own more than you owe. Growing your net worth over time — by increasing assets and reducing debt — is the foundation of building wealth.

Assets include: cash and bank account balances, investment accounts (stocks, ETFs, mutual funds), retirement accounts (401k, IRA), real estate market value, vehicle value, business ownership stake, and valuable collectibles or jewelry. Include everything of significant value that you own.

According to the Federal Reserve's Survey of Consumer Finances (2022): median net worth at age 25–34 is $39,040; age 35–44 is $135,300; age 45–54 is $247,200; age 55–64 is $364,500; age 65+ is $409,900. A common rule of thumb: net worth should equal 1× your annual salary at 35, 3× at 45, and 5× at 55.

Calculate your net worth monthly or quarterly to track progress. Major milestones to note: first positive net worth, $10,000, $100,000 (often the hardest milestone), $250,000, and $1,000,000. Don't check too frequently — short-term investment fluctuations can be discouraging even when you're on track.

Net worth grows by increasing assets (investing, earning more, buying appreciating assets) and decreasing liabilities (paying off debt). The highest-impact moves: max out tax-advantaged retirement accounts, pay off high-interest debt first, buy real estate (if appropriate), avoid lifestyle inflation as income grows, and invest consistently in low-cost index funds.