Track your total assets, liabilities, and personal net worth over time
Based on the Federal Reserve Survey of Consumer Finances. Enter your age to highlight your bracket.
| Age Range | 25th Percentile | Median (50th) | 75th Percentile |
|---|---|---|---|
| 18–24 | -$1,000 | $8,200 | $36,000 |
| 25–34 | $5,400 | $39,000 | $152,000 |
| 35–44 | $18,800 | $135,600 | $436,200 |
| 45–54 | $38,000 | $247,200 | $833,200 |
| 55–64 | $53,000 | $364,500 | $1,175,900 |
| 65–74 | $75,500 | $409,900 | $1,217,700 |
| 75+ | $47,500 | $335,600 | $1,000,000 |
Credit card debt at 20%+ APR destroys net worth. Pay off high-interest balances first using the avalanche method — it saves more in interest than the snowball method.
Set up automatic transfers on payday. Aim for 20% of gross income. What you don't see, you don't spend. Treat savings like a non-negotiable bill.
Contribute the maximum to your 401(k) ($23,500 in 2025) and IRA ($7,000). The tax savings and compound growth accelerate wealth building significantly.
Total market index funds with expense ratios under 0.10% outperform most actively managed funds over time. Keep it simple — a three-fund portfolio covers most needs.
Negotiate raises, develop in-demand skills, or start a side business. Even an extra $500/month invested at 8% grows to over $450,000 in 25 years.
When your income rises, increase your savings rate — not your spending. The gap between income and expenses is the engine that builds net worth.
Your net worth is the single best measure of your overall financial health. It tells you, at a glance, whether you're building wealth or sinking deeper into debt. Unlike income — which only tells you how much money flows in — net worth captures the full picture: what you own minus what you owe.
The calculation is straightforward:
Net Worth = Total Assets − Total Liabilities
Assets include everything of value you own: bank accounts, investment portfolios, retirement accounts (401k, IRA), real estate, vehicles, and other property. Liabilities include every debt: mortgages, car loans, student loans, credit card balances, and any other money you owe.
A single net worth calculation is a useful snapshot, but tracking it over time reveals the trajectory of your financial life. Consistent growth — even slow growth — means your financial plan is working. Stagnation or decline signals that something needs to change. Our calculator lets you save snapshots to localStorage so you can monitor your progress without creating an account or sharing your data.
According to the Federal Reserve's Survey of Consumer Finances, median net worth varies dramatically by age. Americans under 35 have a median net worth of around $39,000, while those aged 55-64 have a median of $364,500. These benchmarks provide useful context, but remember that everyone's financial journey is different. The most important metric is whether your net worth is growing consistently relative to your own starting point.
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). To calculate it, add up all your assets — cash, savings, investments, real estate, vehicles, and other valuables — then subtract all debts including mortgages, auto loans, student loans, and credit card balances. The result is your net worth.
Net worth varies significantly by age. The median net worth for Americans under 35 is about $39,000, ages 35-44 is around $135,600, ages 45-54 is about $247,200, ages 55-64 is roughly $364,500, and ages 65-74 is approximately $409,900. These figures come from the Federal Reserve's Survey of Consumer Finances. A common benchmark is to have a net worth equal to your age times your annual income divided by 10.
Yes, your net worth can be negative if your total liabilities exceed your total assets. This is common for young adults who have student loans or recent home buyers with large mortgages. A negative net worth isn't necessarily bad — it often reflects investments in education or property that will build wealth over time. The key is tracking it and ensuring it trends upward.
Most financial advisors recommend calculating your net worth quarterly or at least twice a year. Monthly tracking can be useful if you're aggressively paying off debt or saving. Avoid checking too frequently (weekly or daily) as short-term market fluctuations can cause unnecessary stress. Our calculator lets you save snapshots over time to track your progress.
Yes, your home should be included in your net worth calculation. Include the current market value of your home as an asset and your remaining mortgage balance as a liability. The difference is your home equity. However, be conservative with your home value estimate — use recent comparable sales in your area rather than optimistic Zestimate-style valuations.
The fastest ways to increase net worth are: 1) Pay off high-interest debt first (credit cards, personal loans), 2) Increase your savings rate — aim for at least 20% of income, 3) Invest consistently in diversified index funds, 4) Increase your income through raises, side income, or career changes, 5) Avoid lifestyle inflation when your income grows. The combination of reducing liabilities and growing assets accelerates net worth growth exponentially over time.