Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It is the single most complete snapshot of your financial position. Formula: Net Worth = Total Assets − Total Liabilities.

Can net worth be negative?

Yes. If your debts exceed your assets, your net worth is negative. This is common for young people with student loans and little savings. It is not a crisis — it is a starting point to improve from.

What counts as an asset for net worth?

Assets include: cash and savings accounts, investment accounts, retirement accounts (401k, IRA), real estate value, vehicle value, business ownership value, and any other property you could sell. Do not include monthly income — only what you own outright.

What counts as a liability for net worth?

Liabilities include: mortgage balance, car loan balance, student loan balance, credit card balances, personal loan balances, medical debt, and any other money you owe. Use outstanding balances, not monthly payments.

Is this Net Worth calculator free?

Yes u2014 completely free with no registration required. All calculations happen instantly in your browser.

Yes u2014 all calculations happen in your browser. NerdyTools does not store or transmit any of your inputs. Your data never leaves your device.

How accurate is this Net Worth calculator?

This calculator uses established formulas and verified figures checked against official sources.

Does this work on mobile?

Yes u2014 fully responsive and works on any modern browser on desktop, tablet, or mobile. No app download needed.

Net Worth Calculator — Find Out Exactly Where You Stand | NerdyTools

💰 Finance & Money

Net Worth Calculator

Find out exactly what you're worth financially — assets minus liabilities, with US age benchmarks to show where you stand.

Most people have no idea what their net worth actually is. Do you?

Net worth is the one number that captures your complete financial picture — not your salary, not your savings balance, but the total of everything you own minus everything you owe. The median American aged 35–44 has a net worth of $135,600. Under 35, it's $39,000. Are you ahead or behind? Enter your numbers and find out in 60 seconds.

Enter your assetsCash, investments, property, retirement accounts, vehicles.

Enter your liabilitiesMortgage balance, car loans, student loans, credit card balances.

See your net worthInstant result with assets vs liabilities breakdown.

Compare to your age groupSee how you measure against Federal Reserve benchmarks.

💎

Net Worth Calculator

Enter current values — balances and market values, not monthly payments. Use round numbers if exact figures aren't to hand.

💰 Assets — What You Own

Cash & Savings Accounts

Investment Accounts (stocks, ETFs, bonds)

Retirement Accounts (401k, IRA, super)

Real Estate (current market value)

Vehicles (current resale value)

Other Assets (business, valuables, etc.)

💳 Liabilities — What You Owe

Mortgage Balance

Car Loan Balance

Student Loan Balance

Credit Card Balances

Personal Loan Balance

Other Debts

Total Assets

Total Liabilities

Asset/Debt Ratio

—

Debt-Free %

—

📊 US Median Net Worth by Age (Federal Reserve 2022)

Under 35$39,000

35–44$135,600

45–54$247,200

55–64$364,500

65–74$410,000

Your net worthEnter above

NerdyTools Finance TeamBenchmark data sourced from the Federal Reserve Survey of Consumer Finances 2022.

Real-World Example — James, Age 38

Cash & savings$18,000

Investment account$34,000

401k$62,000

Home value$380,000

Vehicle$22,000

Total assets$516,000

Mortgage balance$290,000

Car loan$14,000

Credit cards$3,200

Total liabilities$307,200

Net worth$208,800

✓ James is well above the $135,600 median for his 35–44 age group. His biggest lever: his home equity ($90,000) and retirement accounts ($62,000) are doing the heavy lifting. His credit card balance ($3,200) is the cheapest problem to fix — clearing it immediately saves ~$500/year in interest and improves his debt-to-asset ratio.

What Is Net Worth?

Net worth is the total value of everything you own minus everything you owe. It is the single most comprehensive snapshot of your financial position — more useful than your salary, your savings balance, or any individual account balance.

Formula: Net Worth = Total Assets − Total Liabilities

A positive net worth means your assets exceed your debts. A negative net worth means your debts exceed your assets — common for young people with student loans but few assets, and not a crisis, just a starting point.

How to Calculate Your Net Worth

Step 1: List every asset at its current market value — not what you paid for it, what it's worth today. Step 2: List every debt at its current outstanding balance — not the original loan amount, what you still owe. Step 3: subtract total liabilities from total assets.

What Counts as an Asset?

Cash, checking accounts, savings accounts, money market funds
Investment accounts — stocks, ETFs, bonds, mutual funds
Retirement accounts — 401(k), IRA, Roth IRA, pension value
Real estate — current market value of your home or investment properties
Vehicles — current resale value (not purchase price)
Business ownership — estimated value of any business you own
Valuable personal property — jewellery, collectibles, art (if significant)

💡 Do not include monthly income as an asset. Net worth is a point-in-time snapshot of what you own and owe, not what you earn.

What Counts as a Liability?

Mortgage outstanding balance (not your monthly payment)
Car loan outstanding balance
Student loan outstanding balance
Credit card balances (total owed, not minimum payment)
Personal loan balances
Medical debt
Any other money you legally owe

Net Worth Benchmarks by Age (Federal Reserve 2022)

Age Group	Median Net Worth	Mean Net Worth
Under 35	$39,000	$183,500
35–44	$135,600	$549,600
45–54	$247,200	$975,800
55–64	$364,500	$1,566,900
65–74	$410,000	$1,794,600
75+	$335,600	$1,624,100

The mean is much higher than the median because wealth is unevenly distributed — a small number of very high net worth households pull the average up significantly. The median is a more realistic benchmark for most people.

How to Increase Your Net Worth

Pay down high-interest debt first. Every dollar of credit card debt eliminated adds a dollar to net worth and saves 20%+ annual interest.
Maximise retirement contributions. 401(k) and IRA contributions reduce taxable income and compound over time — the most efficient path to net worth growth for most people.
Build home equity. Extra mortgage principal payments reduce liabilities directly, increasing net worth dollar for dollar.
Invest consistently. Regular contributions to index funds, even small amounts, compound significantly over years.
Avoid lifestyle debt. Financing depreciating assets (cars, electronics) increases liabilities while the asset value drops — the worst net worth trade available.

Frequently Asked Questions

What is net worth?

Net worth is total assets minus total liabilities — the value of everything you own minus everything you owe. It's the most complete single-number summary of your financial position.

How do I calculate my net worth?

Add up all your assets at current market value (savings, investments, property, vehicles, retirement accounts). Then add up all your outstanding debts (mortgage balance, car loan, student loans, credit cards). Subtract total debts from total assets.

What is a good net worth by age?

According to the Federal Reserve (2022), median net worth is: under 35 = $39,000; 35–44 = $135,600; 45–54 = $247,200; 55–64 = $364,500; 65–74 = $410,000. These are medians — half of people in each group are above and half below.

Can my net worth be negative?

Yes — and it's common, especially for people under 35 carrying student loans with few invested assets. Negative net worth simply means total debts exceed total assets. It is a starting point, not a verdict.

Should I include my home in net worth?

Yes. Include your home's current market value as an asset and your outstanding mortgage balance as a liability. The difference is your home equity, which counts toward net worth.

How often should I calculate my net worth?

Quarterly is ideal — often enough to track progress, infrequent enough that market fluctuations don't cause unnecessary stress. At minimum, calculate annually to see your year-on-year trend.

Does net worth include income?

No. Net worth is a snapshot of assets and liabilities at a point in time. Income is a flow — it's separate. A high earner who spends everything has a low net worth; a modest earner who saves and invests consistently can have a high net worth.

What is the difference between net worth and wealth?

They're often used interchangeably. Technically, wealth can include future income potential and social capital, while net worth is strictly a balance-sheet calculation: assets minus liabilities. In practical financial planning, they mean the same thing.