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Net Worth Calculator

Calculate your total net worth by tracking assets vs liabilities. Compare your financial position against age-based benchmarks from Federal Reserve data.

Updated April 9, 2026 Interactive Calculator

Quick Answer

What is my net worth?

Net Worth = Total Assets - Total Liabilities. If you have $500,000 in assets and $200,000 in debt, your net worth is $300,000. The median net worth for ages 35-44 is $135,600 according to Federal Reserve data.

Typical scenario — enter your assets and liabilities above for your personalized net worth calculation.

Enter your assets and liabilities below to calculate your net worth and compare against age-based benchmarks.

Key Takeaways

  • Net worth formula: Assets - Liabilities = Net Worth
  • Median net worth by age: 30s ($136K), 40s ($247K), 50s ($365K)
  • Track net worth quarterly to monitor financial progress
  • Homeowners have 40x higher median net worth than renters
  • Include retirement accounts (401(k), IRA) at current balance
Net Worth Details

Choose Input Method

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Enter your estimated total net worth if you already know it.

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Use this option if you know your totals but don't want to enter individual values.

Cash & Investments

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Property

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Other Assets

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Loans

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Credit & Other Debt

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Optional: Age Benchmark Comparison

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Compare against Federal Reserve age-based benchmarks

Enter your assets and liabilities above to calculate your net worth and compare against age-based benchmarks.

What Is Net Worth?

The Formula

Net Worth = Total Assets - Total Liabilities

List all assets (cash, investments, property, retirement accounts, vehicles) and subtract all liabilities (mortgages, loans, credit card debt).

What to Include in Assets

Cash and bank accounts, investment accounts, retirement savings (401(k), IRA), real estate, vehicles, business ownership, and valuable personal property. Use current market values.

What to Include in Liabilities

Mortgage balance, auto loans, student loans, personal loans, credit card balances, medical debt, and any other money owed. Include only the remaining balance.

Why It Matters

Tracking net worth helps you measure financial progress, set realistic goals, identify areas for improvement, and make better financial decisions. It's more important than income for understanding true wealth.

Net Worth By Age Benchmarks

Understanding how your net worth compares to others in your age group can provide helpful context for your financial journey. The data below comes from the Federal Reserve's Survey of Consumer Finances (SCF).

Median vs. Average Net Worth

The median represents the middle value - half of households have more, half have less. The average (mean) is skewed higher by ultra-wealthy households. For realistic benchmarking, focus on the median.

Age Group Median Net Worth Average Net Worth Key Focus Areas
Under 35 $39,000 $183,500 Emergency fund, debt payoff
35-44 $135,600 $549,600 Home equity, retirement savings
45-54 $247,200 $975,800 Peak earning, catch-up contributions
55-64 $364,500 $1,566,900 Retirement preparation, debt elimination
65-74 $409,900 $1,794,600 Retirement income, wealth preservation
75+ $335,600 $1,624,100 Healthcare costs, estate planning

Source: Federal Reserve Survey of Consumer Finances (2022)

Key Factors That Affect Net Worth

  • Income level: Higher earners can save more, but lifestyle inflation often offsets this advantage
  • Education: College graduates have 3-4x higher median net worth than non-graduates
  • Homeownership: Homeowners have 40x higher median net worth than renters ($255,000 vs $6,300)
  • Marital status: Married couples have higher net worth due to combined incomes
  • Savings rate: The percentage of income saved matters more than absolute income
Remember: Your net worth is just one measure of financial health. Focus on progress, not perfection. Even small consistent improvements compound over time.

Frequently Asked Questions

Net worth is the total value of your assets (what you own) minus your liabilities (what you owe). It represents your financial position at a specific point in time. A positive net worth means your assets exceed your debts, while a negative net worth means you owe more than you own.

To calculate net worth, add up all your assets (cash, investments, property, retirement accounts, vehicles) and subtract all your liabilities (mortgages, loans, credit card debt). The formula is: Net Worth = Total Assets - Total Liabilities. For example, if you have $500,000 in assets and $200,000 in liabilities, your net worth is $300,000.

Net worth benchmarks vary by age. According to the Federal Reserve 2022 Survey of Consumer Finances, median net worth by age is approximately: Under 35: $39,000, Ages 35-44: $135,600, Ages 45-54: $247,200, Ages 55-64: $364,500, Ages 65-74: $409,900, Ages 75+: $335,600. These are medians, not targets - your ideal net worth depends on income, expenses, and financial goals.

Yes, include your primary home's current market value in assets and your remaining mortgage balance in liabilities. Your home equity (home value minus mortgage) contributes to your net worth. However, some financial planners calculate a separate liquid net worth that excludes real estate to focus on accessible assets.

Negative net worth is common, especially for young adults with student loans or recent home buyers. It's not inherently bad if it's temporary and you have a plan to improve it. The concern arises when net worth stays negative or worsens over time. Focus on paying down debt and building assets.

Net Worth by Age: Are You On Track?

See average and median net worth benchmarks by age group and compare your financial progress.

Average Net Worth by Income: How Do You Compare?

See how your net worth compares to others at your income level with Federal Reserve data benchmarks.

How to Increase Net Worth: Proven Strategies

10 proven strategies to grow your net worth through income optimization, debt elimination, and investing.

Net Worth at 30: Where You Should Be

See median and percentile benchmarks at 30, plus strategies to build wealth in your 30s.

Net Worth at 40: Benchmarks, Medians, and How You Compare

Median and average net worth at 40, percentile data, the 3x salary rule, and catch-up strategies for your peak earning years.

Net Worth at 50: Are You Ready for Retirement?

Retirement readiness benchmarks, catch-up contribution strategies, and the 6x salary rule at 50.

Net Worth Percentiles 2026: Where Do You Rank?

Find where you rank from 10th to 99th percentile by age with Federal Reserve data.

Savings Calculator

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401(k) Calculator

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Emergency Fund Calculator

Determine how much emergency savings you need based on your expenses.

Debt Payoff Calculator

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Content reviewed by the Digital Calculator Team. Learn more about our accuracy standards.

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