📊 Net Worth Calculator
Track your net worth, assets vs liabilities, wealth trend, and see how you compare to peers.
Assets
Liabilities
Financials
Net Worth
$85,000
Asset Allocation
Peer Comparison
⏳ Millionaire Countdown
26 years 5 months
Net Worth Progress
Now
$85,000
5 yr
$188,226
10 yr
$333,005
How Net Worth Works
Formula
Net Worth = Total Assets - Total Liabilities Debt-to-Asset Ratio = Liabilities ÷ Assets Liquidity Ratio = Cash ÷ Monthly Expenses
Example
• Assets: $150K home + $50K investments + $10K cash = $210K. Liabilities: $120K mortgage + $5K credit cards = $125K. Net Worth = $85K.
• Saving $500/month with 7% returns: projected net worth in 10 years = ~$172K.
• FIRE target (25× annual expenses of $40K) = $1,000,000. Currently 8.5% of the way there.
❓ FAQ
What is net worth and how is it calculated?＋
Net worth = Total Assets - Total Liabilities. Assets include cash, investments, real estate, vehicles. Liabilities include mortgage, loans, credit card debt.
What is a good net worth by age?＋
A common benchmark: net worth = (age × annual income) ÷ 10. At 40 earning $80K, target is $320K. Use our peer comparison to see where you stand.
How often should I calculate my net worth?＋
Monthly or quarterly is recommended. Tracking over time reveals trends. Our calculator makes it easy to update and compare.
What is the difference between net worth and income?＋
Income is what you earn. Net worth is what you keep and accumulate. High income doesn't guarantee high net worth - savings and investing do.
Should I include my primary home in net worth?＋
Yes, but be conservative with valuation. Use market value minus mortgage balance. Some FIRE calculations exclude primary residence since you need somewhere to live.
What is a good debt-to-asset ratio?＋
Below 0.4 (40%) is healthy. Above 0.8 is concerning. The ratio should decrease with age as you pay down debt and accumulate assets.
How long to become a millionaire?＋
It depends on savings rate and returns. Saving $1,000/month at 7% takes ~23 years to reach $1M. Use our millionaire countdown to see your timeline.
How does net worth relate to FIRE?＋
FIRE target = 25× annual expenses. If you spend $40K/year, you need $1M net worth (invested assets). Track your progress with our FIRE calculator.