Calculator
Net worth calculator
Net worth — total assets minus total liabilities — is the best single measure of overall financial health. Tracking it monthly reveals progress a monthly budget can miss.
Updated July 2026
Assets
$
$
$
$
$
Liabilities
$
$
$
$
Total assets
$140,000
Total liabilities
$217,000
Net worth
-$77,000
Negative — normal early in a career
How it works
Net Worth = Total Assets − Total Liabilities
- Assets: cash, investments, retirement accounts, home equity, valuable possessions.
- Liabilities: credit cards, personal loans, student loans, auto loans, mortgage.
- Result is your net worth — a snapshot of financial position.
- Track monthly or quarterly to see progress over time.
Worked examples
- New grad with $5k savings and $30k student loans: net worth -$25,000 — normal early in a career.
- Growth from negative to positive net worth is one of the most powerful early-career milestones.
- A rough US benchmark: net worth = age × pretax annual income / 10. Starting point, not a scorecard.
Frequently asked questions
What is a good net worth for my age?
One rough guideline: age × pretax annual income / 10. Wide variation is normal; the trend line matters more than any specific benchmark.
Should I include home equity?
Yes — but recognise it's illiquid. Some people track two versions: total net worth and 'liquid' net worth (excluding home equity and cars).
How often should I track net worth?
Monthly or quarterly is enough. Weekly is usually noise; annually often misses inflection points.
Related
Educational information only. Not personalised financial advice. Consult a qualified professional for decisions specific to your situation.