Net Worth Calculator
Net worth is the single clearest snapshot of your financial health: everything you own minus everything you owe. Tracking it over time shows whether you’re building wealth, regardless of income.
How this calculator works
The calculation is simple addition and subtraction:
net worth = total assets − total liabilities
Assets are things of value you own: cash and savings, investment and retirement accounts, the market value of your home and vehicles, and anything else you could sell. Liabilities are what you owe: mortgage balance, auto and student loans, credit card debt, and any other obligations.
Use market values, not what you paid
For accuracy, enter what each asset is worth today— a home’s current value, an account’s current balance — not its original price. A negative net worth is common early in life (especially with student loans or a new mortgage) and isn’t a failure; the trend over months and years is what matters.
Learn more
- Emergency Funds 101: How Big Should Yours Be? — Why a cash cushion is the foundation of every financial plan, how to size yours, and where to keep it so it's there when you need it.
- Term vs Whole Life Insurance: What's the Difference? — Pure protection vs lifelong coverage with a cash value — how term and whole life insurance differ, what each really costs, and which most families actually need.
- Renters Insurance: Cheap Protection Most Renters Skip — Why renters insurance is one of the best dollar-for-dollar policies you can buy — what it covers, what it doesn't, and how to pick coverage amounts.
Frequently asked questions
- Should I include my home in net worth?
- Yes — include its current market value as an asset and your remaining mortgage as a liability. The difference is your home equity, which is a real part of your net worth.
- Is a negative net worth bad?
- Not necessarily. Many people have negative net worth after taking on student loans or a mortgage. What matters is the direction over time — net worth trending upward means you're building wealth.
- How often should I calculate it?
- Once a quarter or a few times a year is plenty. Checking too often makes normal market swings feel like big changes. Consistency in how you value assets matters more than frequency.