Net Worth Calculator

A common benchmark is to have a net worth equal to your annual salary by 30, 3× by 40, 6× by 50, and 8× by 60. Median net worth for Americans aged 35–44 is about $135,000, according to the Federal Reserve's Survey of Consumer Finances.

Yes — your home equity (market value minus mortgage balance) is a legitimate asset. However, it's an illiquid asset you can't easily access without selling or borrowing. Many financial planners calculate both total net worth and "liquid net worth" (excluding home equity) for a clearer picture.

Net worth grows by: (1) Increasing income and saving more, (2) Investing consistently (compound growth), (3) Paying down debt (especially high-interest debt), (4) Avoiding lifestyle inflation, and (5) Building income-producing assets. Focus on the spread between asset growth and debt reduction.