Your net worth
$0
Enter your assets and liabilities above
US median net worth by age (Fed Survey 2022, approx)
Under 35Median: $39KMean: $183K
35–44Median: $135KMean: $549K
45–54Median: $248KMean: $975K
55–64Median: $365KMean: $1.57M
65–74Median: $410KMean: $1.79M
75+Median: $335KMean: $1.62M
Liquid net worth is your net worth excluding illiquid assets — primarily your home and vehicles. It represents the wealth you could access relatively quickly in an emergency. A high net worth driven primarily by home equity is financially different from the same net worth held in liquid investments.
Net worth benchmarks are from the Federal Reserve's Survey of Consumer Finances (2022) — the most recent comprehensive data available. Mean net worth is significantly higher than median due to wealth concentration at the top. This calculator does not save or transmit your data. Not financial advice.
How to use this net worth calculator
Net worth is the single most important number in personal finance: total assets minus total liabilities. It's your financial starting point — the number that tells you where you actually stand, before goals, plans, or projections. Enter your best estimates for each category. Current market values, not purchase prices, for assets. Outstanding balances, not original loan amounts, for liabilities.
A worked example
Sarah, age 38 — net worth snapshot
Assets
Checking/savings$18,000
401(k)$95,000
Brokerage$42,000
Home (market value)$380,000
Total assets$535,000
Liabilities
Mortgage balance$290,000
Student loans$28,000
Auto loan$12,000
Total liabilities$330,000
Net worth
$205,000
At 38, US median net worth is approximately $135,000 (Fed Survey 2022 for age 35–44). Sarah is above the median. Her liquid net worth (excluding home and vehicle) is approximately $155,000 — a meaningful distinction since most of her net worth is tied up in home equity and retirement accounts.
Net worth vs income — why they're different
High income doesn't equal high net worth, and low income doesn't necessarily mean low net worth. Net worth is the cumulative result of what you've earned, spent, saved, and invested over your lifetime — not a snapshot of your current paycheck. A physician earning $400,000/year with $500,000 in student debt and no savings has a lower net worth than a teacher who earned $65,000/year for 30 years and consistently invested 15% of income. Income creates the opportunity to build net worth; savings rate and investment returns determine whether that opportunity is captured.
Frequently asked questions
Should I include my home in net worth?
Yes — your home's current market value is an asset; your mortgage balance is a liability. The difference (home equity) is legitimately part of your net worth. However, many financial planners also track liquid net worth separately, which excludes the home and vehicles. This distinction matters because home equity isn't easily accessible without selling or borrowing against the property. A net worth of $500,000 of which $450,000 is home equity is a very different financial position than $500,000 in liquid investment accounts.
Should I include retirement accounts in net worth?
Yes — 401(k), IRA, and other retirement account balances are real assets and belong in a net worth calculation, even though they're not immediately accessible without penalties before age 59½. Some people calculate net worth both with and without retirement accounts to understand their liquid vs total financial position. For retirement planning purposes, the total including retirement accounts is most relevant.
What is a good net worth at my age?
The benchmark table in the calculator shows US median and mean net worth by age group from the Federal Reserve's Survey of Consumer Finances (2022). Median is the more useful comparison — mean is pulled up significantly by the very wealthy. A common guideline is to target net worth equal to your annual income by 30, 3× by 40, and 7–10× by 65. These are rough benchmarks, not requirements — the right number depends on your income, spending, and retirement goals.
How often should I calculate my net worth?
Quarterly or annually is sufficient for most people. Tracking too frequently (monthly or weekly) can create anxiety around normal market fluctuations. The goal is to see the trend over time — is net worth growing? Is the debt-to-asset ratio improving? Is liquid net worth increasing as a percentage of total net worth? Annual tracking with a quarterly check-in for significant life changes (home purchase, job change, major expense) is a reasonable cadence.
What's the fastest way to increase net worth?
Three levers matter: increase income, reduce spending, and invest the difference consistently. Paying off high-interest debt (credit cards) is usually the highest-return action — eliminating a 20% interest rate is equivalent to earning a guaranteed 20% on that capital. After high-interest debt, maximizing tax-advantaged retirement account contributions (401k match first, then Roth IRA, then 401k maximum) accelerates net worth growth by reducing the tax drag on investment returns. Use the FIRE calculator to see how your savings rate affects long-term wealth.