Tracking calculator
Net Worth Calculator
Add your assets and liabilities to estimate a simple snapshot of your financial position.
How this calculator works
Net worth is a simple snapshot: what you own minus what you owe. It can be useful for tracking progress over time, even if the number moves up and down.
The formula
net worth = total assets − total liabilities
Total assets adds up cash, investments, retirement accounts, property, and other assets. Total liabilities adds up mortgages, student and auto loans, credit card balances, and other debt. The difference is your net worth. The tool also shows a liquid snapshot — cash and investments minus debt — to represent what you could lay hands on quickly.
Worked example
With cash $12,000, investments $18,000, retirement $76,000, home $360,000, and other assets $15,000, total assets come to $481,000. Against a $285,000 mortgage, $18,000 in student/auto loans, and $4,500 in credit card debt ($307,500 total liabilities), net worth is $173,500. The liquid snapshot (cash + investments − non-mortgage debt) is roughly $25,500 — far smaller, because most wealth is locked in home equity and retirement accounts.
Total net worth vs. liquid net worth
These two numbers tell different stories:
- Total net worth includes everything, including your home. It's the best measure of overall wealth and long-term progress.
- Liquid net worth excludes hard-to-access assets like home equity and retirement accounts. It measures what you could actually spend quickly in an emergency.
Someone with $300,000 of home equity but $2,000 in the bank has high net worth but low liquidity. Both numbers matter; neither tells the whole story alone.
What to include on each side
Assets: cash and checking, savings, taxable investments, retirement accounts (401(k), IRA), home and real estate value, vehicles (be realistic — use resale value, not purchase price), and other valuables.
Liabilities: mortgage balance, student loans, auto loans, credit card balances, personal loans, medical debt, and any other money owed.
Use current values, not what you originally paid. Home and car values change; loan balances go down over time as you pay them off.
Related tools & guides
- New to the concept? Read What is net worth and how do you calculate it?
- Growing assets? Use the Savings Goal Calculator.
- Shrinking liabilities? Use the Debt Payoff Calculator.
Frequently asked questions
What is net worth?
Everything you own (assets) minus everything you owe (liabilities). It's a single-number snapshot of your financial position.
What is liquid net worth?
The portion of assets you could access quickly in cash (checking, savings, taxable investments) minus liabilities, excluding slow-to-access assets like a home.
Should I include my home in net worth?
Yes, in total net worth (home value minus mortgage). Keep it out of liquid net worth, since selling is slow and costly.
What is a good net worth for my age?
There's no single right number — it depends on income, location, and choices. The best benchmark is your own past number; track it over time.
Important note
This page provides educational estimates only and is not financial, investment, tax, legal, or accounting advice. See our disclaimer.