Net Worth Calculator
Calculate your net worth by listing all assets and liabilities. Understand your financial health and track progress toward your financial goals.
Last updated: April 2026
Assets — $468.0K
Cash & Savings
Investments
Property
Other Assets
Liabilities — $285.0K
Home Loans
Vehicle Loans
Consumer Debt
Student Loans
Other Liabilities
Total Assets
$468,000
Total Liabilities
$285,000
Net Worth
$183,000
Debt-to-Asset Ratio
60.9%
Based on these figures, you appear to be in the top 50% of net worth benchmarks.
Asset Breakdown
Liability Breakdown
What is net worth?
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It is the single most important number for measuring your overall financial health and tracking progress over time.
A positive net worth means you own more than you owe. A negative net worth means your debts exceed your assets. Building net worth is the foundation of long-term financial security and eventual financial independence.
How to use this calculator
- 1List your assets — Enter the current value of all assets: savings, investments, property, vehicles, and retirement accounts.
- 2List your liabilities — Enter all outstanding debts: mortgage, loans, credit cards, and any other obligations.
- 3Review your net worth — The calculator shows total assets, total liabilities, and your net worth.
- 4Track over time — Recalculate quarterly to monitor your financial progress.
Formula & example
Net Worth = Total Assets - Total Liabilities
Example: Assets: home 400,000, investments 80,000, car 20,000, cash 10,000. Total = 510,000. Liabilities: mortgage 250,000, car loan 12,000, credit card 3,000. Total = 265,000. Net Worth = 245,000.
Benefits
Financial health snapshot
Get a clear picture of your overall financial position in one number.
Progress tracking
Measure how your net worth grows as you save, invest, and pay down debt.
Goal setting
Use your current net worth as a baseline for setting financial independence targets.
Covers all asset types
Include liquid assets, real estate, retirement accounts, business equity, and more.
Use cases
Annual financial review
Calculate your net worth at the start of each year to track annual progress.
Before major decisions
Check your net worth before taking on new debt or making large purchases.
FIRE planning
Monitor net worth growth as you progress toward your financial independence number.
Retirement readiness
Assess whether your accumulated assets are sufficient to support retirement income.
Frequently asked questions
Should I include my home in net worth?+
Yes. Your home is an asset. Include its current market value in assets and your outstanding mortgage in liabilities. The equity (value minus mortgage) contributes to your net worth.
What is a good net worth by age?+
A common benchmark is to have saved 1x your salary by age 30, 3x by 40, 6x by 50, 8x by 60, and 10x by retirement. These are guides, not rules, and vary significantly by income and lifestyle.
Does net worth include retirement accounts?+
Yes. Include the current balance of all retirement accounts such as 401k, IRA, RRSP, super, or pension funds. These are real assets even though they are earmarked for retirement.
How often should I calculate my net worth?+
Most financial advisors recommend calculating net worth at least annually, ideally quarterly. Tracking it over time reveals the trend, which is more useful than any single snapshot.
What is the difference between net worth and income?+
Income is the money flowing in each period. Net worth is the accumulated result of income, spending, saving, and investment over time. High income does not guarantee high net worth if spending is also high.