Net Worth Calculator
Calculate your total net worth by listing all your assets and liabilities.
$150,000
net worth
Total Assets
$460,000
Total Liabilities
$310,000
Debt-to-Asset Ratio
67.4%
Debt-free %
32.6%
Formula
Net worth measures your financial health—the difference between what you own and what you owe.
Net Worth = Total Assets - Total Liabilities
Worked Example
Your financial snapshot:
- Home: $400,000
- Investments: $150,000
- Cash: $25,000
- Car: $20,000
- Mortgage: -$300,000
- Car loan: -$15,000
- Net worth: $280,000
Common Questions
Should I include my car in net worth?
Yes, but recognize it's a depreciating asset (loses 20%/year). For planning, focus on appreciating assets (real estate, investments).
What's a good net worth target?
By age 30: $50k–$100k. Age 40: $200k–$500k. Age 55: $1M+. These are benchmarks; your path depends on income and priorities.
How do I increase my net worth?
Earn more, spend less, invest the difference. 50% income growth + 20% expense cut + 7% returns = $1M in 20 years.
Key Takeaways
- Net worth = financial freedom metric; track it annually to see your progress.
- Don't obsess over it—focus on controllables: earn, save, invest consistently.
- Millionaires typically build wealth slowly through discipline, not overnight success.