Net Worth Calculator
Net worth is the most accurate snapshot of your financial health: Total Assets − Total Liabilities. It captures everything you own (cash, investments, real estate, retirement accounts) minus everything you owe (mortgages, loans, credit cards). This calculator computes your net worth and compares it against Federal Reserve benchmarks for your age group from the 2023 Survey of Consumer Finances.
How Net Worth Is Calculated
Net worth is a simple balance sheet equation. Every asset you own adds to it; every liability you owe subtracts from it. The key is using current market values for assets (not purchase price or book value) and current outstanding balances for debts (not original loan amounts).
| Asset Category | Examples |
|---|---|
| Liquid Assets | Checking, savings, money market, taxable investment accounts |
| Retirement Assets | 401(k), 403(b), IRA, Roth IRA, pension present value |
| Real Assets | Primary home (market value), rental properties, land |
| Personal Property | Vehicles (current KBB value), jewelry, collectibles, business equity |
| Liabilities | Mortgage balance, auto loans, student loans, credit card balances, personal loans, HELOCs |
📊 Benchmark Insight
Always compare to median, not mean. The Federal Reserve SCF reports both, but the mean is dramatically skewed upward by billionaires and centimillionaires. The median — the midpoint where half of Americans are above and half are below — is the true "typical" benchmark. If your net worth equals or exceeds the median for your age group, you are in the top half of American wealth. Focus on growing your liquid net worth first: cash + investments that you can access without penalties or selling your home.
Net Worth Calculator
Assets
Liabilities
Your Net Worth Statement
Your Net Worth
$200,000
Assets $520,000 − Liabilities $320,000
| Total Assets | $520,000 |
| Liquid (cash + investments) | $65,000 |
| Illiquid (retirement, real estate) | $455,000 |
| Total Liabilities | $320,000 |
| Debt-to-Asset Ratio | 61.5% |
Age 35 Benchmark (Fed Reserve SCF 2023)
| Median Net Worth (35–44) | $135,600 |
| Mean Net Worth (35–44) | $549,600 |
| You vs. Median | +$64,400 |
| % of Median | 147% |
Based on your results — what to do next:
Grow your ${fmt(r.liquidAssets)} in liquid assets
Your $65,000 in cash and investments could compound significantly. See the 10, 20, and 30-year projections at 7%.
Is your net worth on track for retirement?
With $200,000 in net worth, you're ahead of the median for age 35, check if your retirement savings specifically are enough.
Could you afford to upgrade your home?
Your home is $350,000 of your net worth. See what a larger home purchase would look like with your current income.