Net Worth Calculator

Net Worth Calculator

Enter your assets and liabilities into the provided tool to precisely calculate your net worth.

Assets

Liabilities

Real Estate:

Real Estate Loans:

Checking Accounts:

Credit Card Debt:

Savings Accounts:

Personal Loans:

Retirement Accounts:

Student Loans:

Cars:

Car Loans:

Other Assets:

Other Debt:

This net worth calculator helps you determine your total financial standing by calculating the difference between your assets and liabilities. Use it to track your progress and set meaningful financial goals.

What Is Net Worth?

Net worth is the difference between assets and liabilities. It shows what you own versus what you owe, providing a snapshot of your financial health.

Assets:

Assets include everything you own, such as cash, investments, real estate, vehicles, and other valuable property.

Liabilities:

Liabilities are debts you owe, such as mortgages, loans, and credit card balances.

Net worth can be positive, zero, or negative:

Positive Net Worth: Assets exceed liabilities, giving you financial stability and emergency coverage.
Zero Net Worth: Assets equal liabilities, meaning everything you own is offset by debt.
Negative Net Worth: Liabilities exceed assets, indicating financial risk and limited emergency funds.

How To Calculate Net Worth

Follow these steps:

List all assets including cash, investments, property, and valuables.
Calculate the value of each asset and sum them.
List all liabilities including loans, mortgages, and credit card debt.
Sum all liabilities.
Use the formula: Net Worth = Assets - Liabilities. For businesses, you can use the enterprise value calculator for precise results.

Example:

Consider John, who has the following assets and liabilities:

Liquid Assets:

Savings Account: $20,000
Checking Account: $5,000

Investments:

Stock Portfolio: $25,000
Retirement Account: $30,000

Real Estate:

Home Value: $250,000
Investment Property: $100,000

Liabilities:

Short-Term Debt:

Credit Card Balances: $3,000
Personal Loan: $5,000

Long-Term Debt:

Mortgage on Home: $100,000
Auto Loan: $15,000

Solution:

Total Assets = $20,000 + $5,000 + $25,000 + $30,000 + $250,000 + $100,000 = $430,000

Total Liabilities = $3,000 + $5,000 + $100,000 + $15,000 = $123,000

Net Worth = Assets - Liabilities = $430,000 - $123,000 = $307,000

Use a net worth calculator to quickly get an accurate picture of your financial health.

Average Net Worth of Americans

According to the 2019 Federal Reserve report, the median net worth in the U.S. was $121,700.

Average Net Worth by Age:

Age	Average	Median
Younger than 35	$76,340	$14,000
35-44	$437,770	$91,110
45-54	$833,790	$168,800
55-64	$1,176,520	$213,150
65-74	$1,215,920	$266,070
75+	$958,450	$254,900

Average Net Worth by Education:

Education Level	Average	Median
No high school diploma	$137,580	$20,780
High school diploma	$304,590	$73,890
Some college	$374,010	$89,280
College degree	$1,516,910	$308,800

Average Net Worth by Race or Ethnicity:

Race or Ethnicity	Average	Median
White, non-Hispanic	$980,550	$189,100
Black, non-Hispanic	$142,330	$24,100
Hispanic	$165,540	$36,050
Other	$656,600	$74,500

Source: Forbes.com

FAQs:

What Net Worth Is Considered Rich?

A net worth of $774,000 is considered financially comfortable, while $2.2 million or more is considered rich.

How To Increase Your Net Worth?

Follow these steps:

Reduce unnecessary expenses
Pay off debts
Invest wisely
Pay down mortgages and long-term loans