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Net Worth Calculator

Your financial starting position in one number. Assets minus liabilities, plus monthly cash flow and savings rate.

Your net worth is the single most important number in personal finance. It tells you where you actually stand, not where your income or job title suggests you stand. Two people earning the same salary can have wildly different net worth figures depending on how they save, spend, and invest.

This calculator adds up everything you own, subtracts everything you owe, and gives you the number. It also calculates your monthly savings rate, which tells you how fast that number is growing. Use it as a baseline, then come back monthly to track your trajectory.

Assets

Liabilities

Monthly Cash Flow

How to Read Your Results

Your net worth is positive when assets exceed liabilities and negative when debts outweigh what you own. A negative net worth is not unusual for people in their 20s who carry student loans, but the trajectory matters more than the snapshot. If the number is moving up each month, you are on the right track regardless of where you start.

Your savings rate is the percentage of after-tax income left over after expenses. This is the engine that drives net worth growth. A high savings rate accelerates your progress; a negative savings rate means you are falling behind every month.

Net Worth Benchmarks by Age

These targets use the formula from The Millionaire Next Door: age multiplied by pre-tax income, divided by 10. They assume consistent saving and investing over time.

Age 25
0.5x Income
Building foundations. Positive net worth is the goal.
Age 30
1x Income
Emergency fund + retirement contributions established.
Age 35
2x Income
Investments compounding. Debt declining.
Age 40
3x Income
Mid-career acceleration. Real estate equity building.
Age 50
6x Income
Peak earning years. Retirement accounts growing fast.
Age 60
8-10x Income
Approaching financial independence range.

Common Net Worth Mistakes

Counting depreciating assets at purchase price

Your car is not worth what you paid for it. Use current resale value, not original price. The same applies to electronics, furniture, and other personal property. Most people overcount assets by 10-20% by using purchase prices instead of market values.

Ignoring retirement accounts

Your 401(k), IRA, and HSA balances absolutely count toward net worth. These are real assets you own, even if you cannot access them penalty-free until retirement age. Excluding them dramatically understates your true position.

Forgetting about taxes on gains

If you sold all your investments today, you would owe capital gains tax on the profits. Your true liquid net worth is somewhat lower than the headline number if most of your wealth is in taxable brokerage accounts with large unrealized gains.

Not tracking monthly

A single calculation is a snapshot. The real value comes from tracking over time. Set a recurring monthly reminder to update your numbers. The trend line matters more than any individual data point.

Frequently Asked Questions

How do I calculate my net worth?
Net worth equals total assets minus total liabilities. Add up everything you own (cash, investments, retirement accounts, real estate equity, vehicles) and subtract everything you owe (mortgage balance, student loans, credit card debt, car loans). The result is your net worth. A positive number means you own more than you owe.
What should my net worth be at my age?
A widely-used benchmark is the formula from The Millionaire Next Door: multiply your age by your pre-tax annual income, then divide by 10. For example, a 30-year-old earning $60,000 should have a net worth around $180,000. By 40 with $80,000 income, the target is $320,000. These are guidelines, not rules. What matters more is consistent positive trajectory.
Should I include my home in my net worth?
Yes, but only include the equity portion, not the full market value. Your home equity is the current market value minus the remaining mortgage balance. For example, if your home is worth $400,000 and you owe $280,000, include $120,000 as an asset. Some financial planners track two net worth figures: one with home equity and one without, since your home is not a liquid asset.
What is a good savings rate?
A savings rate of 20% or more of gross income is considered excellent and is the target in the 50/30/20 budgeting framework. Between 10-20% is solid progress. Below 10% is a warning sign that expenses are crowding out wealth building. For early retirement or financial independence, savings rates of 30-50% or more accelerate the timeline dramatically.
How often should I check my net worth?
Monthly or quarterly is ideal. Checking too frequently (daily or weekly) creates anxiety from normal market fluctuations, while checking too rarely (once a year) means you miss trends. A monthly check helps you track whether your net worth is moving in the right direction without overreacting to short-term noise.

Go Deeper

These free tools give you the snapshot. Our software, templates, and books give you the full system to build lasting financial health.