Net Worth Calculator

Net worth is the value of everything you own minus everything you owe. It is the single most comprehensive measure of personal financial health because, unlike income, it captures your accumulated wealth and debt in one number. You calculate it by adding up your assets and subtracting your total liabilities.

Assets are things of value that you own. They include liquid assets like cash and bank balances; investments such as stocks, bonds, retirement accounts and funds; real estate including your home and any rental property; vehicles; and valuable personal property like jewelry or collectibles. When valuing assets, use realistic current market values — what you could actually sell them for — rather than what you paid.

Liabilities are your debts: the outstanding balance on a mortgage, car loans, student loans, credit card balances, personal loans and any other money you owe. The key figure is the remaining balance, not the original loan amount.

Subtracting liabilities from assets gives your net worth. A positive net worth means you own more than you owe; a negative one — common for younger people with student loans or new mortgages — means the reverse. Neither is a verdict on your worth as a person; it's simply a financial starting point.

What matters most is the trend. Tracking net worth every few months or once a year reveals whether your financial life is genuinely moving forward. It can rise because you're paying down debt, saving and investing, or because your assets appreciate — and it can stall even on a high income if spending keeps pace. This makes net worth a more honest scorecard than income alone.

There's an important distinction between liquid and illiquid net worth. A large portion of many people's net worth is tied up in their home or retirement accounts, which can't be easily or instantly accessed. Understanding how much of your net worth is liquid helps with emergency planning. Reviewing your net worth regularly keeps you focused on the big picture: steadily growing what you own while shrinking what you owe.