Net Worth Calculator

Net worth is the total value of your assets (what you own) minus your liabilities (what you owe). It\\

Assets include: cash, savings, investments (stocks, bonds, retirement accounts), real estate equity, vehicles, valuable personal property. Liabilities include: mortgages, car loans, student loans, credit card debt, personal loans, and any other money owed. Be realistic with asset values - use current market prices, not purchase prices.

A common benchmark is to have your annual salary saved by age 30, 3x by 40, 6x by 50, and 8x by 60. However, these are rough guidelines. Your ideal net worth depends on your lifestyle, location, career trajectory, and retirement goals. Focus on consistent growth rather than hitting specific numbers.

Monthly or quarterly tracking is ideal for most people. This frequency lets you spot trends and adjust your financial strategy without obsessing over daily market fluctuations. Annual reviews are the minimum for meaningful financial planning.

Yes, include home equity (current value minus mortgage balance). However, be conservative with home valuation and remember that home equity isn\\