Net Worth CalculatorTrack Your Financial Progress

Calculate your net worth by tracking all your assets and liabilities. Get detailed analysis, personalized recommendations, and monitor your journey to financial freedom.

Comprehensive Tracking

Track all assets and liabilities with detailed categorization

Visual Analysis

See your financial health with charts and benchmarks

Goal Setting

Set targets and track progress toward financial milestones

Settings

Your financial goal

Assets
Liabilities

Understanding Net Worth

The Simple Formula

Assets - Liabilities = Net Worth

Everything you own minus everything you owe

Assets (What You Own)

  • • Cash and savings accounts
  • • Investment accounts (401k, IRA, brokerage)
  • • Real estate (home, rental properties)
  • • Vehicles and personal property
  • • Business interests

Liabilities (What You Owe)

  • • Mortgage and home equity loans
  • • Credit card debt
  • • Student loans
  • • Auto loans
  • • Personal loans and other debts

Why Net Worth Matters

1

Financial Health Snapshot

Get a complete picture of your financial situation at any point in time

2

Progress Tracking

Monitor your wealth building journey over months and years

3

Goal Setting

Set realistic targets and create actionable plans to reach them

4

Financial Decisions

Make informed choices about spending, saving, and investing

Net Worth Benchmarks by Age

Ages 25-34

$8,000

US Median Net Worth

• Starting careers
• Building emergency funds
• Paying off student loans

Ages 35-44

$91,000

US Median Net Worth

• Peak earning years
• Home ownership
• Growing investments

Ages 45-54

$168,000

US Median Net Worth

• Pre-retirement planning
• Maximizing savings
• Debt reduction focus

Ages 55-64

$212,000

US Median Net Worth

• Retirement preparation
• Asset preservation
• Healthcare planning

Ages 65+

$266,000

US Median Net Worth

• Living off assets
• Fixed income focus
• Estate planning

Millionaire Goal

$1,000,000

Financial Independence

• Top 10% of Americans
• True financial freedom
• Multiple income streams

10 Ways to Increase Your Net Worth

1

Increase Your Income

Ask for raises, switch jobs, start side hustles, or develop new skills

2

Reduce Expenses

Cut unnecessary spending and optimize your budget

3

Pay Off High-Interest Debt

Eliminate credit card debt and personal loans first

4

Invest Consistently

Put money into stocks, bonds, and retirement accounts regularly

5

Maximize Employer Benefits

Get full 401(k) match and use HSAs, FSAs effectively

6

Build Emergency Fund

Save 3-6 months of expenses to avoid debt during emergencies

7

Invest in Real Estate

Buy a home or rental properties for long-term appreciation

8

Automate Savings

Set up automatic transfers to savings and investment accounts

9

Track and Monitor

Review your net worth monthly and adjust strategies

10

Educate Yourself

Learn about investing, taxes, and personal finance

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Start Tracking Your Net Worth Today

Knowledge is power when it comes to building wealth. Use our calculator above to get a clear picture of your financial situation and create a plan to reach your goals.