Aurora Finance
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

Net worth (glossary)
Definition and quick reference.
Financial goals
Where net worth fits into goal-setting.
Financial freedom
Milestones on the way.
Educational information only. Not personalised financial advice. Consult a qualified professional for decisions specific to your situation.