Net Worth Calculator
Calculate your net worth by entering your assets and liabilities. See your total wealth, a breakdown by category, and how you compare to the median net worth for your age group.
Assets
Liabilities
Age Group (for benchmark comparison)
Your Net Worth
vs. Median for Your Age
+$17,000
median: $135,000
Total Assets
$450,000
Total Liabilities
$298,000
Asset Breakdown
Assets
Liabilities
How to Use This Net Worth Calculator
Follow these four steps to calculate your net worth in under two minutes:
- Enter your assets — include cash, savings, retirement accounts, investments, home value, and vehicles at current market value. Use today's estimated market value, not original purchase prices.
- Enter your liabilities — include mortgage balance, car loans, student loans, credit card balances, and any other debts. Use the current outstanding principal balance, not the original loan amount.
- Select your age group — to compare your net worth to Federal Reserve median benchmarks by age. This gives you useful context for where you stand relative to your peers.
- Review your breakdown — see total assets vs. liabilities, your net worth, the assets-to-liabilities ratio, and a visual donut chart showing where your wealth is concentrated.
Results update in real time as you type. Use the Share button to copy a link with your inputs pre-filled, or Print / PDF to save a snapshot.
Net Worth Formula & Benchmarks
Net Worth Formula
Net Worth = Total Assets − Total LiabilitiesExample: $450,000 assets − $298,000 liabilities = $152,000 net worth
Assets-to-Liabilities Ratio
Ratio = Total Assets ÷ Total LiabilitiesA ratio of 2.0 means you own twice as much as you owe. A ratio above 1.0 means positive net worth.
Federal Reserve 2022 SCF — Median Net Worth by Age
| Age Group | Median Net Worth |
|---|---|
| Under 35 | ~$39,000 |
| 35–44 | ~$135,000 |
| 45–54 | ~$247,000 |
| 55–64 | ~$365,000 |
| 65–74 | ~$410,000 |
| 75+ | ~$335,000 |
Source: Federal Reserve Survey of Consumer Finances (SCF), 2022. Median figures are for U.S. families. Mean (average) net worth is considerably higher due to wealth concentration at the top.
Net worth is a point-in-time snapshot. Home and vehicle values fluctuate with market conditions. For the most accurate picture, update your inputs at least annually — or whenever you make a significant financial change.
Frequently Asked Questions
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It is the most comprehensive single-number snapshot of your financial health. A positive net worth means assets exceed debts; a negative net worth means you owe more than you own.
According to the Federal Reserve's 2022 Survey of Consumer Finances, median net worth by age: Under 35: ~$39,000 | 35–44: ~$135,000 | 45–54: ~$247,000 | 55–64: ~$365,000 | 65–74: ~$410,000 | 75+: ~$335,000. Mean (average) net worth is much higher due to the ultra-wealthy skewing averages — median is a more useful comparison.
Assets include: cash and checking/savings balances, retirement accounts (401k, IRA, Roth IRA), brokerage/investment accounts, your home's current market value (not the original purchase price), vehicles at current market value, other real estate, business equity, and valuable personal property (jewelry, collectibles).
Liabilities include: mortgage balance (remaining principal owed), car loan balances, student loan balances, credit card balances, personal loan balances, home equity loan balances, medical debt, and any other money you owe.
Yes. Your home's current market value (as an asset) minus your remaining mortgage balance (as a liability) represents your home equity, which is typically the largest component of net worth for most Americans. Use a realistic current market estimate, not the original purchase price.
The two levers are: (1) increase assets — maximize retirement contributions (especially with employer match), invest consistently, build home equity; (2) reduce liabilities — pay off high-interest debt aggressively (credit cards first), make extra mortgage principal payments. Tracking net worth regularly creates accountability and helps identify where to focus.
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