Net Worth Calculators
Net Worth Calculator
Everything you own, minus everything you owe. A full category breakdown — not just two boxes — so nothing gets missed on either side.
Calculate your net worth
Enter current market value for assets, outstanding principal for debts.
Assets — what you own
Liabilities — what you owe
Value assets at current market value, not purchase price. Only include outstanding principal balances as liabilities — monthly bills you pay in full each cycle don't count. Don't include future income like Social Security or expected raises; net worth is a snapshot of right now.
The formula, and why it's a snapshot, not a forecast
Net worth is calculated by subtracting your total liabilities from your total assets — everything you own, minus everything you owe, valued as of today. It's not the same as income (money coming in over time) and it's not a credit score (a measure of credit risk). It's the accumulated result of every financial decision you've made up to this exact moment.
What actually counts as an asset
| Category | Examples |
|---|---|
| Cash & equivalents | Checking, savings, CDs, money market accounts |
| Investments | Taxable brokerage accounts, individual stocks, bonds, cryptocurrency |
| Retirement accounts | 401(k), 403(b), traditional and Roth IRAs, vested pension value |
| Real estate | Primary home and any other property, at current market value |
| Vehicles & personal property | Cars at private-party resale value (not purchase price), jewelry, collectibles |
| Business interests | Ownership stake in a business you run or hold equity in |
Two things people commonly get wrong: valuing a home at what you paid for it rather than what it's worth today, and valuing a car the same way — always use current resale value, not the original purchase price.
What counts as a liability — and what doesn't
A liability is an outstanding principal balance you owe: your mortgage, auto loans, student loans, credit card balances you're carrying, personal loans, medical debt, and tax debt. Monthly bills you'll pay in full — rent, utilities, subscriptions — are not liabilities. Those are ongoing expenses, not debt; only a balance that persists beyond this billing cycle counts.
The home equity debate
What net worth doesn't include
- Future income — expected raises, Social Security you haven't started collecting, or anticipated inheritances. Net worth reflects what you have right now, not what you expect to have.
- Human capital — your future earning potential is real and valuable, but it isn't a financial asset with a current market value.
One nuance worth flagging: an already-vested pension does have a calculable present value today, which is why it's reasonable to include as a retirement asset — that's different from Social Security benefits you haven't yet started receiving. If you want to model this precisely, our Pension Net Worth Calculator walks through that present-value calculation directly.
Standard asset and liability categorization, valuation conventions (market value vs. purchase price), and the home-equity inclusion debate cross-checked against multiple independent 2026 net worth calculator guides and financial planning resources. This is a planning tool — your actual net worth depends on accurate, current values for what you enter.
Frequently asked questions
Before you calculate your net worth.
How is net worth calculated?
Total assets (everything you own, at current market value) minus total liabilities (everything you owe, as outstanding principal balances) equals your net worth.
Is a negative net worth bad?
Not necessarily a crisis — it's common and often expected earlier in life, especially with student loans or a recent home purchase. What matters more than the number itself is the trend over time.
Should I include my home and mortgage?
Most standard net worth calculations do — home value as an asset, mortgage balance as a liability. Some people prefer excluding both since home equity isn't easily accessible without selling or borrowing; a liquid net worth calculation shows that alternative view.
Do I include Social Security or my future salary?
No. Net worth is a snapshot of what you currently have, not future income streams — Social Security you haven't started collecting, expected raises, or anticipated inheritances don't count.
How often should I recalculate my net worth?
Annually is common for most people, since real estate and investment values don't need constant updating — though checking more frequently can help you stay motivated while paying down debt or building savings.