Should I include my car?
Yes, include current market value (not purchase price). Use Kelley Blue Book for realistic pricing. Some advisors focus only on equity (value minus loan).
Finance
Net Worth Calculator
Calculate your total net worth by assessing your assets and liabilities
Understand Your Financial Position
Get a clear picture of your financial health by calculating your net worth
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What this calculator does
Net worth is total value of everything you own minus everything you owe—your complete financial snapshot. It includes assets (accounts, investments, real estate, vehicles) minus liabilities (mortgages, debts, loans). It's the single most important number for measuring long-term financial health.
How it works
The calculator adds all assets, sums all liabilities, then subtracts liabilities from assets. It assesses financial health by examining debt-to-asset ratio (ideal below 30%) and asset allocation.
Formula
Net Worth = Assets − Liabilities. Total Assets = Cash + Investments + Retirement + Real Estate + Vehicles + Other. Total Liabilities = Mortgage + Credit Cards + Student Loans + Other. Debt-to-Asset = Liabilities ÷ Assets × 100%.
Tips for using this calculator
- Calculate net worth annually on the same date to track progress
- Increase assets faster than liabilities through debt payoff and investing
- Diversify assets: 10-20% cash, 20-40% investments, 25-50% retirement, 20-40% real estate
- Prioritize high-interest debt payoff
- Use net worth growth as primary financial metric
Frequently asked questions
How do I value my home?
Use current market value from comparable sales, tax assessment, or online estimates. For net worth, use equity (value minus mortgage).
Does net worth include income?
No, net worth is a point-in-time snapshot of assets and liabilities, not income. Income determines how quickly you build net worth.