How to use this calculator
Start by entering the current value of your assets. Use realistic market values for real estate and vehicles, not what you originally paid. For investment accounts, use your most recent statement balance.
Then enter your outstanding liabilities. Use current payoff balances, not original loan amounts. Include every debt that shows on your credit report plus any informal debts you owe.
The calculator shows your total net worth, a visual comparison of assets versus liabilities, your debt-to-asset ratio, and a percentage breakdown of where your assets are allocated.
Understanding net worth
Net worth is the single most comprehensive measure of your financial health. Unlike income, which measures cash flow, net worth measures accumulated wealth over your entire financial life.
A high income does not guarantee a high net worth. Someone earning $200,000 per year with $500,000 in debt and minimal savings has a lower net worth than someone earning $60,000 with a paid off home and solid retirement accounts.
The debt-to-asset ratio shows what percentage of your assets are financed by debt. Below 50% is healthy, meaning you truly own more than half of what appears on your balance sheet.
Frequently asked questions
What is net worth?
Net worth equals total assets minus total liabilities. It represents your overall financial position at a point in time. A positive number means you own more than you owe.
What should I include in assets?
Include cash, savings, checking, retirement accounts, brokerage accounts, real estate at market value, vehicles at resale value, and valuable personal property. Use current values, not purchase prices.
What counts as a liability?
Any outstanding debt: mortgages, auto loans, student loans, credit card balances, personal loans, medical debt, and any other money owed. Use current payoff amounts.
What is a good debt-to-asset ratio?
Below 50% is healthy, below 30% is excellent, and above 80% indicates significant financial risk. This ratio shows how much of what you own is truly yours versus financed by creditors.
How often should I calculate net worth?
Quarterly tracking is ideal. It captures meaningful changes without daily market noise. Annual tracking works too, but quarterly gives you faster feedback on whether your financial habits are working.