How to Calculate Net Worth
Net worth = Total Assets - Total Liabilities. Assets include cash, investments, property, and valuables. Liabilities include mortgages, loans, and credit card balances. Tracking net worth over time is the single best measure of financial progress.
Related Calculators
Frequently Asked Questions
What is a good net worth?
It depends on age. A common benchmark: by 30, aim for 1x your salary saved; by 40, 3x; by 50, 6x; by 60, 8x.
Should I include my home in net worth?
Yes, but know that home equity is illiquid. Some people track net worth both with and without their primary residence.