Net Worth Calculator
List your assets (savings, investments, home, retirement accounts) and liabilities (mortgage, car loan, credit cards, student debt). See your net worth instantly and compare to the US median for your age.
Track income and spending in Expenly — the clearer your expense picture, the faster your net worth grows.
Download FreeHow to Calculate Net Worth
Net worth = Total assets − Total liabilities. Assets are everything you own that has monetary value: cash, investments, retirement accounts, home equity, vehicles. Liabilities are everything you owe: mortgages, car loans, student loans, credit card balances.
The result can be positive (you own more than you owe) or negative (you owe more than you own). Negative net worth is common for people early in their careers, especially with student loan debt. It doesn't mean you're in financial trouble — it means you're at the start of a trajectory.
What's a Good Net Worth by Age?
According to the Federal Reserve's 2022 Survey of Consumer Finances, median net worth by age group:
- Under 35: $14,000
- 35–44: $91,000
- 45–54: $168,000
- 55–64: $213,000
- 65–74: $266,000
The mean figures are much higher because they're skewed by high-wealth households. The median is more representative of where most Americans actually are. Don't compare to mean net worth — it will be discouraging and misleading.
How to Increase Net Worth
Net worth grows in two ways: increasing assets or decreasing liabilities. The fastest gains typically come from:
- Investing consistently: Even $200/month invested at a 7% average return grows to $120,000 in 25 years
- Paying off high-interest debt: Eliminating 22% APR credit card debt is equivalent to a guaranteed 22% investment return
- Building equity in a home: Each mortgage payment that reduces principal directly increases net worth
- Tracking spending: Reducing monthly outflows by $200–400 frees capital to invest, compounding over time into significant net worth gains
Why Tracking Expenses Affects Net Worth
Net worth is a stock measure — a snapshot in time. The flow that determines it is your monthly surplus: income minus expenses. Every dollar you don't spend is a dollar available to invest or pay down debt, both of which grow net worth directly. The expense tracker is the tool that makes the flow visible.