C

Net Worth Calculator

📅Last updated: November 4, 2025
✓Reviewed by: LumoCalculator Team

Calculate your net worth by entering assets and liabilities. Track financial health with detailed breakdown of cash, investments, real estate, debts, and loans.

Calculate Your Net Worth

Assets

Stocks, bonds, mutual funds

401(k), IRA, pension

Primary home & investment properties

Jewelry, collectibles, business equity

Liabilities

Personal loans, medical debt

Your Financial Summary

$250,000
Net Worth
📈 Building Wealth
Total Assets$555,000
Cash & Savings$25,000
Investments$50,000
Retirement Accounts$100,000
Real Estate$350,000
Vehicles$20,000
Other Assets$10,000
Total Liabilities$305,000
Mortgage$250,000
Student Loans$30,000
Credit Card Debt$5,000
Auto Loans$15,000
Other Debts$5,000

Related Calculators

Net Worth Benchmarks by Age (U.S.)

Based on Federal Reserve 2022 Survey of Consumer Finances

Age 18-34$39,000

Early career building

  • • Starting to build savings
  • • Managing student loans
  • • Entry-level income
Age 35-44$91,000

Wealth accumulation phase

  • • Career advancement
  • • Home ownership begins
  • • Growing retirement savings
Age 45-54$168,000

Peak earning years

  • • Higher income levels
  • • Substantial home equity
  • • Retirement focus increases
Age 55-64$212,000

Pre-retirement planning

  • • Peak net worth period
  • • Mortgage paydown
  • • Retirement accounts mature
Age 65-74$266,000

Early retirement

  • • Living on savings/pension
  • • Healthcare costs rise
  • • Portfolio management
Age 75+$254,000

Late retirement

  • • Drawing down assets
  • • Estate planning focus
  • • Healthcare priorities

How to Calculate Net Worth

Net Worth Formula

Net Worth = Total Assets - Total Liabilities

Assets include: Cash, investments, retirement accounts, real estate, vehicles, other valuables

Liabilities include: Mortgage, student loans, credit cards, auto loans, other debts

Calculation Steps:

  1. 1
    List All Your Assets
    Include cash, investments, retirement accounts, real estate, vehicles, and other valuables
  2. 2
    List All Your Liabilities
    Include mortgage, loans, credit card debt, and any other money you owe
  3. 3
    Subtract Liabilities from Assets
    The result is your net worth - positive or negative

Important Considerations

⚠️ Financial Disclaimer

This calculator provides estimates for educational purposes. Consult financial advisors for personalized advice.

📊 Use Current Market Values

Value assets at today's market price

  • • Check recent home sales (Zillow, Redfin)
  • • Use current investment account balances
  • • Get vehicle appraisals (KBB, NADA)
📈 Track Changes Over Time

Monitor your financial progress

  • • Calculate quarterly or annually
  • • Set growth targets (5-10% yearly)
  • • Identify trends and patterns
🏠 Don't Forget Home Equity

Include real estate correctly

  • • Assets: Current market value of home
  • • Liabilities: Remaining mortgage balance
  • • Net effect: Home equity counts toward net worth
💡 Negative Net Worth Is Common

Especially for young adults

  • • Student loans often create negative net worth
  • • Focus on improving over time
  • • Create a debt payoff plan

Example Cases

Case 1: Young Professional (Age 28)

Assets:
Cash: $15,000
401(k): $25,000
Car: $12,000
Total: $52,000
Liabilities:
Student Loans: $35,000
Auto Loan: $8,000
Credit Cards: $2,000
Total: $45,000
Net Worth: $7,000

Analysis: Positive net worth despite student loans. On track for age group, with room for improvement through debt reduction and retirement savings.

Case 2: Mid-Career Homeowner (Age 42)

Assets:
Cash/Savings: $50,000
Investments: $120,000
401(k)/IRA: $200,000
Home: $450,000
Total: $820,000
Liabilities:
Mortgage: $280,000
Car Loan: $18,000
Credit Cards: $3,000

Total: $301,000
Net Worth: $519,000

Analysis: Excellent position for age group, well above median. Strong retirement savings and substantial home equity indicate solid financial planning.

Frequently Asked Questions

What is net worth?
Net worth is the total value of your assets (what you own) minus your liabilities (what you owe). It's a snapshot of your overall financial health 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.
How do you calculate net worth?
To calculate net worth, add up all your assets (cash, investments, retirement accounts, real estate, vehicles, etc.) and subtract all your liabilities (mortgage, student loans, credit cards, auto loans, etc.). The formula is: Net Worth = Total Assets - Total Liabilities.
What is a good net worth by age?
A common benchmark is to have a net worth equal to your annual income by age 30, double your income by 40, triple by 50, and so on. However, this varies widely based on income, location, and personal circumstances. The median net worth for Americans aged 35-44 is around $91,000, while for ages 55-64 it's approximately $212,000 (2022 Federal Reserve data).
What assets should I include in my net worth?
Include all assets with monetary value: cash and savings, checking and money market accounts, stocks and bonds, mutual funds and ETFs, retirement accounts (401k, IRA), real estate (primary home and investment properties), vehicles, business equity, valuable collections, and any other investments or valuables you could convert to cash.
Should I include my house in net worth?
Yes, you should include the current market value of your house in your assets, and include the remaining mortgage balance in your liabilities. Your home equity (house value minus mortgage) contributes to your net worth. Some financial experts suggest tracking net worth both with and without your primary residence to see your liquid wealth.
How often should I calculate my net worth?
It's recommended to calculate your net worth at least once a year, ideally at the same time each year (like January 1st) to track your financial progress. Many people calculate it quarterly or even monthly to stay on top of their financial goals. Regular tracking helps you identify trends and adjust your financial strategies.