💎 Net Worth Calculator
Calculate your total net worth: assets minus liabilities. See exactly where you stand financially.
💰 Financial Disclaimer: This calculator provides estimates for educational purposes only and should not be considered professional financial, tax, or investment advice. Results may vary based on your individual circumstances. Consult a qualified financial professional for personal guidance.
Average Net Worth by Age (US, 2022)
| Age Group | Median Net Worth | Mean Net Worth |
|---|---|---|
| Under 35 | $39,000 | $183,000 |
| 35–44 | $135,000 | $549,000 |
| 45–54 | $247,000 | $975,000 |
| 55–64 | $365,000 | $1,566,000 |
| 65–74 | $410,000 | $1,794,000 |
| 75+ | $335,000 | $1,624,000 |
Source: Federal Reserve Survey of Consumer Finances 2022. Median better represents typical Americans.
FAQs
What is net worth?
Net Worth = Total Assets − Total Liabilities. It's the single best snapshot of your financial health and overall wealth position.
What is a good net worth?
It depends on your age and income. A common benchmark: Net Worth = Age × Annual Income ÷ 10. The table above shows US median net worth by age group as a reference.
What counts as an asset?
Cash, savings, retirement accounts, investments, home equity, vehicle value, business ownership, and valuable property all count as assets.
How do I increase my net worth?
Pay down high-interest debt, invest consistently, maximize retirement contributions (401k, IRA), avoid lifestyle inflation, and build home equity over time.
When to Use This Calculator
Use this to get a snapshot of your overall financial health, track progress toward retirement, or prepare for a major financial decision like buying a home or changing careers.
Common Mistakes to Avoid
- Including the full value of illiquid assets — a house or retirement account you cannot easily access is worth less in a financial emergency than its stated value.
- Overvaluing possessions — cars, furniture, and electronics depreciate rapidly; use realistic resale values, not purchase prices.
- Not updating regularly — net worth changes as debts are paid, investments grow, and assets depreciate; review it at least twice a year.