Net Worth Calculator: What Are You Really Worth?
Your net worth is the single best snapshot of your finances: everything you own minus everything you owe. This net worth calculator adds up your assets and debts and shows your net worth in seconds.
Quick answer
Net worth = total assets − total debts. Example: $8,000 in savings, $15,000 of investments, $40,000 in retirement accounts and a $12,000 car ($75,000 of assets) minus $28,500 of debts gives a net worth of $46,500.
How to use the net worth calculator
- Enter what each asset is worth today (use realistic resale values for cars and homes).
- Enter the current balance of each debt.
- Leave fields you do not have at $0.
- Recalculate every 6 or 12 months to track progress.
What counts as assets and debts
| Assets | Debts |
|---|---|
| Cash, checking and savings | Mortgage |
| Investment accounts | Car loans |
| Retirement accounts (401(k), IRA) | Student loans |
| Home value | Credit card balances |
| Vehicles | Personal loans and other debts |
If your net worth is negative
A negative net worth is common, especially early in your career or after student loans. What matters is the direction: paying down debt and saving each month moves it up. Track the trend, not just the number.
How to grow your net worth
- Pay off high-interest debt first.
- Save and invest a fixed amount every month.
- Get the full employer 401(k) match.
- Avoid new debt for things that lose value quickly.
- Increase your income over time and save part of every raise.
What this net worth calculator means for you
- Net worth shows the big picture that income alone does not.
- Use the same method each time so your comparisons are fair.
- Small monthly progress adds up over years.
Frequently asked questions
How do I calculate my net worth?
Add up the value of everything you own and subtract everything you owe.
Should I include my home?
Yes, at a realistic market value, and include the mortgage balance as a debt.
Should I include my car?
Yes, at its resale value, not what you paid. Cars usually lose value every year.
What is a good net worth?
It depends on age, income and goals. Focus on steady growth rather than comparisons.
How often should I check my net worth?
Once or twice a year is enough for most people.
Related guides and calculators
- Savings by age
- Pay off debt or save first?
- Money habits that build wealth in your 20s
- Retirement savings calculator
Sources
- Consumer Financial Protection Bureau (CFPB)
- Investor.gov (U.S. SEC): Compound interest calculator
- MonetaryReports: How we calculate
This guide is for educational purposes only and is not financial advice. The figures are estimates before taxes, fees and inflation, and real rates, returns and rules change over time.
