Add up your assets and liabilities to get an instant snapshot of your total financial picture.
Enter the current value of everything you own in the Assets section, then enter all outstanding balances you owe in the Liabilities section. The calculator instantly computes your total net worth, asset-to-debt ratio, and visual breakdowns of your financial picture.
Be as accurate as possible: use current market values for real estate and vehicles (check Zillow or KBB), and use your actual account balances. Don't forget assets like jewelry, collectibles, or business ownership stakes in "Other Assets."
Net worth is the most comprehensive snapshot of your financial health. The formula is simple:
A positive net worth means you own more than you owe — the foundation of financial security. A negative net worth is common among young adults and recent graduates, but should be improved over time by paying down debt and building savings.
Data from the Federal Reserve's Survey of Consumer Finances (2022, latest available):
| 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 |
The mean is much higher than the median because of extreme wealth concentration at the top. The median is a better benchmark for most people.
Net worth is total assets minus total liabilities — everything you own minus everything you owe. It's the single best measure of your financial health because it captures the full picture: your savings, investments, real estate, and debts all in one number. Growing your net worth over time is the core goal of personal finance.
Yes, but use its current market value and subtract your remaining mortgage balance. The net equity you have in your home is what counts. Keep in mind that your home is relatively illiquid compared to investment accounts — some financial planners calculate "liquid net worth" by excluding home equity to get a clearer picture of accessible wealth.
A ratio above 1.0 means you own more than you owe. Most financial advisors consider a ratio of 2.0 or higher to be solid financial health. A ratio above 5.0 indicates strong wealth relative to debt. If your ratio is below 1.0, focus on paying down high-interest debt aggressively before building other investments.