Net Worth Calculator
Your net worth is the single most important number in personal finance. Add up what you own, subtract what you owe, and see where you stand.
What Is Net Worth?
Net worth = everything you own minus everything you owe. It's the one number that tells you whether you're building wealth or falling behind. Income tells you how much you earn. Net worth tells you how much you're worth. They're very different things.
Someone earning $150,000 with $50,000 in credit card debt and no savings has a negative net worth. Someone earning $60,000 with $100,000 in investments and no debt has a $100,000 net worth. The second person is wealthier.
Average Net Worth by Age (US)
Federal Reserve data (Survey of Consumer Finances). Remember, averages are skewed by the ultra-wealthy. Median is more realistic for comparison:
- Age 20-29: Median ~$8,000 / Average ~$30,000
- Age 30-39: Median ~$35,000 / Average ~$140,000
- Age 40-49: Median ~$90,000 / Average ~$280,000
- Age 50-59: Median ~$150,000 / Average ~$570,000
- Age 60-69: Median ~$210,000 / Average ~$730,000
Don't compare to averages — compare to your own past. Is your net worth growing? That's what matters.
How to Grow Your Net Worth
Two levers: increase assets and decrease liabilities. The fastest ways:
- Pay off high-interest debt — credit cards at 20% are destroying your net worth. Use our Debt Payoff Calculator
- Invest consistently — $500/month at 7% = $600,000+ in 30 years. See Retirement Calculator
- Increase income — negotiate salary, start a side hustle, invest in skills
- Build emergency fund — prevents debt when life happens (Emergency Fund Calculator)
- Track quarterly — what gets measured gets improved
Related Tools
Debt Payoff Calculator — reduce liabilities
Retirement Calculator — grow retirement assets
Investing for Beginners
Frequently Asked Questions
What is a good net worth for my age? ▼
Median: 20s ~$8K, 30s ~$35K, 40s ~$90K, 50s ~$150K. Average is much higher but skewed by the wealthy. Focus on your own growth trend.
What counts as an asset? ▼
Cash, savings, investments, retirement accounts, home equity (value minus mortgage), vehicles at market value, and valuable possessions. Don't count future income.
Is negative net worth normal? ▼
Yes, especially in your 20s with student loans. What matters is the direction — is it growing? Track quarterly and focus on paying down debt while building assets.
How often should I check? ▼
Quarterly is ideal. Monthly is noisy due to market swings. Annual is too infrequent. Set a calendar reminder and track the trend over time.
Written by: Sarah Mitchell | Reviewed for accuracy by: the Wealth Growth editorial team | Last updated: June 2026
Sources: Federal Reserve Survey of Consumer Finances, Census Bureau
This content is for educational purposes only and is not financial advice. Financial Disclaimer.