Net Worth Calculator: What You Own Minus What You Owe
Add up your assets and debts to see your net worth, your debt-to-asset ratio and how you compare with families your age in the Federal Reserve's Survey of Consumer Finances, then download a net worth statement.
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Net worth is the single best snapshot of your financial position: the value of everything you own minus everything you owe. Income tells you how much flows in; net worth tells you how much you have actually kept. Calculate yours below, then track it once or twice a year. The direction matters more than the number.
Net worth calculator
Add what you own and what you owe. The calculator shows your net worth and compares it with families your age in the Federal Reserve's latest survey.
Use current market values for your home and vehicles (what you could sell them for, not what you paid) and current balances for debts. Retirement accounts are shown before taxes.
Key takeaways
- Net worth = assets − debts. In the example, $73,000 of assets and $33,000 of debts give a net worth of $40,000.
- The Federal Reserve's 2022 survey put the median net worth of families aged 35 to 44 at $135,600, about $155,200 in August 2026 dollars.
- Medians are far below averages because a few very wealthy households pull the averages up.
- A negative net worth is common early in life, especially with student loans. What matters is that it rises over time.
What counts as an asset or a debt
| Assets (what you own) | Debts (what you owe) |
|---|---|
| Checking, savings, money market accounts and CDs | Mortgage and home equity loans |
| Retirement accounts: 401(k), 403(b), IRAs, HSAs | Auto loans |
| Brokerage accounts, stocks, bonds, crypto | Student loans |
| Home and other real estate, at market value | Credit card balances |
| Vehicles, at what you could sell them for | Personal loans, medical debt, money owed to family |
| Business ownership, valuable collectibles | Taxes owed, buy now, pay later balances |
Use realistic values: what you could sell an asset for today, not what you paid. Retirement accounts are counted before taxes, so their after-tax value is somewhat lower.
Net worth by age
The Federal Reserve's Survey of Consumer Finances is the most detailed source on U.S. household wealth. Its latest published results are for 2022; results of the 2025 survey are expected in late 2026.
| Age of family head | Median net worth (2022) | Mean net worth (2022) |
|---|---|---|
| Under 35 | $39,000 | $183,500 |
| 35–44 | $135,600 | $549,600 |
| 45–54 | $247,200 | $975,800 |
| 55–64 | $364,500 | $1,566,900 |
| 65–74 | $409,900 | $1,794,600 |
| 75 and over | $335,600 | $1,624,100 |
The calculator also converts the 2022 figures into today's dollars with the Consumer Price Index (CPI-U): prices rose about 14.5% from the 2022 average to August 2026. Wealth itself may have grown faster or slower than prices since then.
The debt-to-asset ratio
Dividing total debts by total assets shows how much of what you own is financed with borrowed money. In the example, $33,000 ÷ $73,000 = 45.2%. A falling ratio over time means you are building equity. Mortgage debt backed by a home that keeps its value is usually less of a concern than high-interest card debt; the debt snowball vs. avalanche calculator shows how fast you could clear the expensive part.
How to grow your net worth
- Spend less than you earn and automate the difference into savings; start with the budget calculator.
- Pay down high-interest debt, which raises net worth dollar for dollar and saves interest.
- Get the full 401(k) match and invest for the long term in low-cost funds; see how to invest for retirement.
- Avoid assets that lose value fast, such as expensive new cars financed over long terms.
- Protect what you have with an emergency fund and adequate insurance.
Frequently asked questions
Should I include my home in my net worth?
Yes. Count the home's market value as an asset and the mortgage as a debt; the difference is your home equity. The Federal Reserve's figures include home equity too.
Should I include my car?
Yes, at what you could realistically sell it for, along with any auto loan.
What is a good net worth for my age?
There is no single target. Comparing with the median for your age is one benchmark; another is Fidelity's guideline of retirement savings equal to 1× your salary by 30, 3× by 40 and 6× by 50. See how much savings by age.
Is a negative net worth bad?
It is common for young adults with student loans or a new car loan. Focus on making it rise every year by paying down debt and saving.
How often should I calculate my net worth?
Once or twice a year is enough. Download the statement each time to track your progress.
