💰 Net Worth

Net Worth Calculator

Net worth is your total assets minus your total debts — the single most important number in personal finance. Enter your numbers below to see where you stand.

Your Net Worth

Total Assets

Total Liabilities

Debt-to-Asset

Values saved automatically to your device

Assets $0

Checking & Savings ($)

Emergency Fund ($)

Investment Accounts ($)

Retirement Accounts ($)

Home Value ($)

Vehicle Value(s) ($)

Other Assets ($)

Debts / Liabilities $0

Credit Card Debt ($)

Car Loan Balance ($)

Student Loan Balance ($)

Mortgage Balance ($)

Personal Loans ($)

Other Debt ($)

Understanding Your Net Worth

Your net worth is the ultimate scorecard of your financial health. It simply takes everything you own (your assets) and subtracts everything you owe (your liabilities). While income is important, tracking your net worth over time tells you if you are actually building long-term wealth.

According to Federal Reserve data, the median US net worth is roughly $192,000, while the mean (average) is over $1.06 million. This huge gap exists due to wealth inequality — a small number of extremely wealthy individuals pulls the average up significantly. For most people, comparing against the median for their specific age group is a much better benchmark.

What makes a "good" net worth changes as you age. In your 20s and 30s, simply having a positive net worth might be a huge achievement if you're paying off student loans. As you reach your 40s and 50s, compounding interest on investments and home equity typically begin accelerating your wealth accumulation.

To improve your net worth, the math is straightforward but requires discipline: increase your income, reduce your spending, and continuously invest the difference into appreciating assets. Paying down high-interest debt is an immediate, guaranteed return that boosts your net worth dollar for dollar.

Frequently asked questions

What is the average net worth by age in the US?

The median US net worth is roughly $192k across all ages. However, it varies heavily by age. For example, for under 35 the median is about $39k, while for ages 65-74 the median peaks at around $410k, according to recent Federal Reserve data.

Is net worth the same as how much money I have?

No, net worth includes the value of assets that aren't cash, like your home, retirement accounts, and vehicles, minus any money you owe. You could have $100,000 in the bank but a negative net worth if you owe $150,000 in student loans.

Should I include my home in my net worth?

Yes. Your home's current market value is an asset, while your remaining mortgage balance is a liability. The difference between them is your home equity, which is a key component of most people's net worth.

How do I increase my net worth quickly?

The most reliable ways are paying down high-interest debt, spending less than you earn to increase your savings rate, and investing consistently in diversified index funds to benefit from compound growth over time.

LedgerlyTools calculators use standard financial formulas — the same math financial professionals use. We're developers, not financial advisors. Results are estimates. See our methodology →