Net Worth Calculator

Net worth equals total assets minus total liabilities. Assets are everything you own with monetary value: cash, investments, retirement accounts, real estate (current market value), vehicles. Liabilities are everything you owe: mortgage, auto loan, credit cards, student loans, personal loans. The result can be positive (assets exceed debts) or negative (debts exceed assets, common for younger borrowers with student loans and a new mortgage).

Yes, but use current market value, not what you originally paid. For your home, use the most recent estimate from Zillow, Redfin, or a recent appraisal. For cars, use Kelley Blue Book private-party value. Subtract the corresponding loan balance under liabilities. Some financial planners exclude the primary residence to compute 'investable net worth' since you cannot easily sell to access that capital, but the standard definition includes it.

Fidelity's salary-multiple guide: 1x annual income by 30, 2x by 35, 3x by 40, 4x by 45, 6x by 50, 7x by 55, 8x by 60, 10x by 67. So a 40-year-old earning $80,000 should target $240,000 net worth. These are aggressive benchmarks designed for retirement readiness; many people fall short and still retire successfully via Social Security and modest investments.

Monthly is the sweet spot for most people. Track on the same day each month so the numbers are comparable. Weekly is too noisy due to market fluctuations and routine income/expense cycles. Yearly is too infrequent to catch problems early. The goal is to see the trend line, not obsess over each data point.

Yes. Even though you cannot freely withdraw without penalty before 59 1/2, the money is yours and counts toward your wealth. Use the current vested balance from your latest statement. Note that pre-tax 401(k) balances will be reduced by income tax when withdrawn, so some careful planners track 'after-tax net worth' separately for retirement projection purposes.

Do not include unrealized future income (expected raises, future inheritance, future pension payments). Net worth is a snapshot of what you own RIGHT NOW. The exception is a defined-benefit pension where you can count the cash equivalent value if you have access to it. Otherwise, include only assets you currently hold and could sell or access today.