Net Worth Calculator
Net worth calculator: what you own minus what you owe, compared with the Federal Reserve median for your age group. Free, no sign-up, and it runs in your browser.
Dedicated page: /en/net-worth-calculator
Assets: everything you own
401(k), IRA, Roth IRA, 403(b).
Current market value, not what you paid.
Business equity, valuables, crypto, bonds.
Liabilities: everything you owe
Medical debt, tax owed, buy now pay later.
What if I save more?
Use current balances, not original loan amounts. Home value is the market value today. Nothing you enter leaves your browser. Estimate only, not financial advice.
Quick answer
A net worth calculator works out what you own minus what you owe. Enter your assets, cash, savings, retirement, investments, home and vehicle, and your liabilities, mortgage, loans and card balances, and it shows your net worth, your debt-to-asset ratio, and how you compare with the Federal Reserve median for your age.
About this Net Worth Calculator
Net worth calculator: what you own minus what you owe, compared with the Federal Reserve median for your age group. It is one of the Money and Finance on ToolUstad, and like every tool here it runs entirely in your browser: nothing you type, paste or open is uploaded to a server, and there is no sign-up or usage limit.
What is a net worth calculator?
Net worth is the value of everything you own minus the total of everything you owe. It is the financial world equivalent of a health score: more meaningful than income, more honest than a credit score, and more complete than a bank balance. A doctor earning $300,000 a year with $400,000 of student loans and a leased luxury car can have a lower net worth than a teacher earning $55,000 who bought a home early and invested steadily. Income is what you earn in a year. Net worth is what you kept from every year so far.
The formula is simple: net worth equals total assets minus total liabilities. On $445,000 of assets and $253,500 of liabilities, net worth is $191,500. The debt-to-asset ratio is liabilities divided by assets, 57.0 percent here, and it shows how much of what you own is funded by borrowing.
What counts as an asset, and what counts as a liability
Assets split into three groups. Liquid assets are cash, checking, savings and money market accounts. Investment assets are retirement accounts, brokerage accounts, bonds and certificates of deposit. Real assets are the home at current market value, vehicles at resale value, business equity and valuables. Liabilities use the current outstanding balance, not the original loan amount: the remaining mortgage, auto loans, student loans, credit card balances, personal loans, medical debt, tax owed and buy now pay later plans.
Net worth by age: the Federal Reserve benchmarks
The Federal Reserve Survey of Consumer Finances, run every three years, is the most authoritative US household wealth data. The 2022 survey, published in October 2023, puts the median household net worth at $39,000 under age 35, $135,600 at 35 to 44, $247,200 at 45 to 54, $364,500 at 55 to 64, $409,900 at 65 to 74 and $335,600 at 75 and over. The mean is far higher at every age, $183,500 under 35 and $1,794,600 at 65 to 74, because the top 1 percent of households own roughly 30 percent of all wealth. The median is the fairer comparison: half of households sit above it and half below.
Best practices
- Track it monthly: a five-minute check on the 1st of each month creates accountability and shows the trend.
- Kill high-interest debt first: paying off a card at 22 percent APR is a guaranteed 22 percent return, better than any investment.
- Get the full employer match: a 401(k) match is an instant 50 to 100 percent return before any market gains.
Common mistakes to avoid
- Comparing yourself with the mean instead of the median, and feeling behind because billionaires pull the average up.
- Leaving the home out, or valuing it at the purchase price instead of the market value today.
- Forgetting buy now pay later balances and medical debt, which are real liabilities even when they feel small.
Who is the net worth calculator for?
Anyone who wants one number for their financial position, households checking progress against their age group, and savers testing what extra monthly saving does over a year.
This calculator is an estimate only, not financial advice. Asset values move, debts change, and the benchmark figures are from the 2022 survey, the most recent release.
Learn: how to use the Net Worth Calculator
- Enter your assets: cash, savings, retirement accounts, brokerage, home value, vehicle value and anything else.
- Enter your liabilities: mortgage, auto loans, student loans, credit cards, personal loans and other debts.
- Pick your age group to see the Federal Reserve median and mean net worth for households your age.
- Read your net worth, total assets, total liabilities and debt-to-asset ratio.
- Use the what-if box to see what saving extra each month does to your net worth over time.
Features
- Seven asset categories and six liability categories, including home equity
- Net worth, total assets, total liabilities and debt-to-asset ratio in one view
- Federal Reserve Survey of Consumer Finances 2022 median and mean by age group
- Your gap to the median for your age, plus the full six-band benchmark table
- What-if planner: extra monthly saving projected over 1 to 120 months
- Downloadable summary, calculated in your browser only, nothing uploaded
Worked example
Assets of $445,000: $3,000 cash, $12,000 savings, $45,000 retirement, $15,000 brokerage, a $350,000 home, an $18,000 vehicle and $2,000 of other assets. Liabilities of $253,500: a $220,000 mortgage, a $12,000 auto loan, $18,000 of student loans and $3,500 on credit cards. Net worth is $191,500, the debt-to-asset ratio is 57.0%, and home equity is $130,000. The Federal Reserve median for ages 35 to 44 is $135,600, so this household is $55,900 above the median. Saving an extra $200 a month for 12 months lifts net worth to $193,900.
Frequently asked questions
What is net worth?
Everything you own minus everything you owe. Add up your assets and subtract your liabilities.
Should I include my home in my net worth?
Yes. Use the current market value as an asset and the remaining mortgage balance as a liability. The difference is your home equity, which for most US households is the largest single piece of net worth.
Is a negative net worth bad?
It is common, especially in your 20s with student loans or after buying a home with a small down payment. What matters is the trend: if the number improves month over month, you are making progress.
What is a good net worth for my age?
Compare with the median, not the mean. The Federal Reserve median is $39,000 under 35, $135,600 at 35 to 44, $247,200 at 45 to 54, $364,500 at 55 to 64, $409,900 at 65 to 74 and $335,600 at 75 and over. The mean is much higher because very wealthy households pull it up.
Does net worth include retirement accounts?
Yes, at their current balance. Traditional 401(k) and IRA money will be taxed when withdrawn, while Roth accounts grow tax-free, so some advisers discount pre-tax accounts by an estimated future tax rate for a more conservative figure.
Should I include my car?
Yes, at its current resale value as an asset, with the auto loan balance as a liability. Cars lose value fast, so the loan often exceeds the value in the first years.
How often should I calculate my net worth?
Monthly is ideal, quarterly is the minimum for anyone actively building wealth, and yearly is the bare minimum.
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