Net Worth Calculator
Calculate your net worth by listing all assets and liabilities.
Net Worth
$170,000
Assets (What You Own)
Liabilities (What You Owe)
Net Worth Benchmarks by Age
Federal Reserve data shows median (midpoint) net worth by age:
| Age Group | Median Net Worth | Mean Net Worth |
|---|---|---|
| Under 35 | $39,000 | $183,000 |
| 35-44 | $135,000 | $550,000 |
| 45-54 | $247,000 | $975,000 |
| 55-64 | $364,000 | $1,567,000 |
| 65-74 | $410,000 | $1,795,000 |
| 75+ | $335,000 | $1,624,000 |
The gap between median and mean reflects wealth concentration at the top. Median is more representative of a "typical" household. Don't let benchmarks discourage you -- the goal is steady progress over time.
The Levers of Net Worth Growth
Grow assets: Max out tax-advantaged accounts (401k, IRA, HSA) before taxable accounts. Contribute enough to get any employer 401k match -- that's an immediate 50--100% return. Use our retirement calculator and investment return calculator to project asset growth over time.
Reduce liabilities: Prioritize high-interest debt (credit cards, personal loans). Low-interest debt (mortgages, student loans at below 4%) is lower priority -- your money likely grows faster invested than it saves in interest.
Avoid lifestyle inflation: Each raise or windfall can either increase your savings rate or increase your spending. Keeping lifestyle expenses stable while income grows is one of the most reliable paths to building net worth.
Free Net Worth Calculator
Your net worth is the single most comprehensive measure of your financial health: Net Worth = Total Assets - Total Liabilities. Assets include everything you own that has monetary value — bank accounts, investments, retirement accounts, real estate, vehicles, and valuables. Liabilities include everything you owe — mortgages, car loans, student loans, credit card balances, and personal debts.
Tracking net worth over time is more meaningful than looking at income or savings alone. A high income with high debt can produce a lower net worth than a moderate income with disciplined saving. Calculating your net worth quarterly or annually reveals whether you're building wealth or treading water.
Net Worth by Age
Average net worth varies dramatically by age due to the compounding effects of time on both savings and debt repayment. It's common to have a negative net worth in your 20s (student loans exceed assets). By your 30s-40s, net worth typically turns positive as retirement accounts grow and debt is paid down. The key metric isn't comparison to others — it's whether your net worth is trending upward over time.