Net worth calculator
Use this net worth calculator to total what you own, subtract what you owe, and create a consistent snapshot for personal finance and long-term financial planning.
What you own
What you owe
Your net worth
- Total assets
- $412,000
- Total liabilities
- $270,200
- Your net worth
- $141,800
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The short answer
Net worth is everything you own minus everything you owe. List your cash, investments, retirement accounts, property and vehicles, then your mortgage, loans and card balances. The difference is your net worth — the cleanest single measure of financial progress over time.
Why this number and not income
Income tells you what came in; net worth tells you what stayed. Two people on the same salary can be tens of thousands apart because one is servicing debt and the other is accumulating assets.
How to value things honestly
Property: a realistic sale price today, not the peak of the market.
Cars: current resale value, which falls every year.
Retirement accounts: the current balance, not the projected one.
Leave out furniture, clothes and gadgets — they are not liquid and they distort the picture.
A negative number is not a verdict
Anyone who has just taken on student loans or a mortgage can start below zero. The trend line matters more than the level: if the number improves each quarter, the plan is working.
What Is Net Worth and Why It Matters for Your Financial Planning
Net worth is the dollar value you get when you subtract everything you owe from everything you own. It's the simplest snapshot of your financial position at a single point in time.
Net worth equals total assets minus total liabilities at a specific date.
It includes all accounts, property, vehicles, and debts in one calculation.
Monitoring quarterly helps you catch financial drift before it becomes a crisis.
A negative net worth means you owe more than you own—common early in careers.
Listing Your Assets: What to Include in the Calculation
Start with liquid assets. Count every dollar in checking and savings accounts, money market funds, and certificates of deposit.
Cash accounts: checking, savings, money market funds, and CDs at face value.
Investment accounts: current market value in brokerage, IRA, 401k, and other retirement plans.
Real estate: market value minus mortgage balance to calculate true home equity.
Personal property: vehicles, equipment, and collections at realistic resale prices, not sentiment.
Cataloging Your Liabilities: Every Dollar You Owe
List every debt with a balance. Start with your mortgage—the amount you still owe, not the original loan.
Mortgage balance: the payoff amount today, not your original loan or monthly payment.
Consumer debt: credit cards, auto loans, student loans, and personal loans at current balances.
Medical and other bills: anything in collections or formal repayment plans counts as debt.
Exclude unused credit lines and informal future obligations not yet incurred or documented.
Running the Numbers: How to Use a Net Worth Calculator
A net worth calculator is a simple addition and subtraction tool. Enter each asset in its category: cash accounts in one section, investment and retirement accounts in another, real estate and personal property in a third.
Input all asset values using current balances and market prices, not historical purchase amounts.
Input all debt balances as they appear on recent statements or payoff quotes.
The calculator subtracts total liabilities from total assets to produce net worth instantly.
Save results with the date so you can compare calculations quarterly or annually.
Interpreting Your Number and Building Personal Finance Momentum
A negative net worth is normal for young adults with student loans and little savings. A physician finishing residency might have $300,000 in debt and $20,000 in assets, producing a net worth of negative $280,000.
Negative net worth early in a career is common—focus on the direction of change.
Positive growth year over year confirms your spending and saving strategy is working effectively.
Age and income level provide context; a $100,000 net worth means different things at different stages.
Use the trend to guide decisions: pay off debt faster or increase investment contributions.
The formula
Net worth = total assets − total liabilities.
FAQ
What to include in the net worth calculator
Net worth equals total assets minus total liabilities. Assets may include cash, investment and brokerage balances, retirement accounts, real estate, vehicles, and other property with measurable resale value. Liabilities may include mortgages, student loans, credit cards, auto loans, taxes due, and other debt. Use balances from the same date so the calculation represents a consistent snapshot rather than a mix of different periods.
Avoid counting income as an asset unless the money has already been received and remains in an account. For a home, use a reasonable current value and list the mortgage separately; home equity is the difference, not an additional asset to count again. An inheritance should generally be included only after ownership and value are established. Updating net worth periodically can show changes, but short-term market movements do not necessarily reflect financial progress or failure.
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