How to calculate net worth
Add up your assets — cash and savings, investments and retirement accounts, your home’s value, vehicles, and anything else of value. Add up your liabilities — mortgage, car and student loans, credit-card balances, and other debts. Subtract the second from the first.
The number can be large, small, or negative — owing more than you own is common early in life, especially with student loans. What matters most is the trend: a net worth that rises over time means you are building wealth.
What is a good net worth?
There is no universal benchmark — it depends heavily on your age, income and location. Rather than chase a number, track your own net worth periodically and aim for steady growth toward your goals.
Why it matters
Net worth cuts through income and account balances to show your real financial position in one figure — and watching it over time is one of the best ways to gauge progress.
Calculate your net worth
Add up your assets and debts and see your number in seconds.