Net Worth Calculator
📊 Methodology: This calculator uses standard financial formulas. Results are estimates for planning purposes only. Consult a qualified financial advisor before making financial decisions.
What is net worth and why does it matter?
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It is the single most comprehensive snapshot of your financial health at any moment in time — more informative than income alone, because a high income paired with high debt can still result in a low or negative net worth. Continue your calculation with the Investment Calculator, or check the Savings Goal Calculator.
Net Worth Formula: Net Worth = Total Assets − Total Liabilities
What counts as an asset?
- Liquid assets: Cash, savings accounts, current accounts, fixed deposits, money market funds
- Investment assets: Stocks, mutual funds, ETFs, bonds, retirement accounts (401k, IRA, PPF, NPS), cryptocurrency
- Real estate: Current market value of your home, rental properties, land
- Physical assets: Vehicles (current resale value), jewellery, valuable collectibles, business ownership
What counts as a liability?
- Secured debt: Outstanding mortgage balance, auto loan balance, home equity loans
- Unsecured debt: Credit card balances, personal loan balances, student loan balances
- Other obligations: Tax liabilities, medical debt, money owed to family or friends
Net worth benchmarks by age (US median, 2024)
| Age Group | Median Net Worth | Mean Net Worth |
|---|---|---|
| Under 35 | $39,000 | $183,000 |
| 35–44 | $135,000 | $549,000 |
| 45–54 | $247,000 | $976,000 |
| 55–64 | $365,000 | $1,566,000 |
| 65–74 | $410,000 | $1,794,000 |
Median is more useful than mean for comparison because mean is skewed heavily by ultra-high-net-worth individuals.
How to increase your net worth
- Increase assets: Maximise contributions to retirement accounts (tax-advantaged compounding), invest in low-cost index funds, build an emergency fund before investing
- Reduce liabilities: Eliminate high-interest debt first (avalanche method), avoid lifestyle inflation as income grows, refinance at lower rates when possible
- Track regularly: Review net worth quarterly. Even if the number is negative today, consistent month-over-month improvement is the goal
Further reading: mortgage vs rent analysis
Disclaimer: This calculator provides estimates for educational purposes only and does not constitute financial advice. Results may vary based on actual rates, fees, and conditions. Always consult a qualified financial advisor or official government resources before making financial decisions. View our calculation methodology.
Frequently asked questions about net worth
Is a negative net worth bad? A negative net worth is common for people with student loans, a new mortgage, or early in their careers. What matters is the trend — if your net worth is improving each month, you are on the right path.
Should I include my home in net worth? Yes, at current market value minus the outstanding mortgage balance. Your home equity (value minus mortgage) is an asset. However, since your home is illiquid, many financial planners also calculate a separate "investable net worth" that excludes the primary residence.
What is a good net worth at 40? A common guideline (Fidelity) is to have accumulated 3x your annual salary in savings/investments by age 40. On a $100,000 income, that is $300,000 in investable assets — separate from home equity.
Sources & References
- SEBI — Household Balance Sheet Guidance — Indian framework for classifying investment assets and liabilities
- Federal Reserve — Survey of Consumer Finances — Benchmark net-worth data by age cohort (US reference)
How to calculate net worth: assets minus liabilities
Net worth = Total assets − Total liabilities. Assets are everything you own that has monetary value; liabilities are everything you owe. A positive net worth means assets exceed debts. A negative net worth means debts exceed assets — common early in life due to education loans or a new mortgage. Net worth is a snapshot in time, not a permanent state. What matters is the direction: is it increasing month over month, year over year?
| Asset Category | What to Include | How to Value It |
|---|---|---|
| Cash and savings | Bank accounts, FDs, cash-in-hand | Current balance |
| Investments | Mutual funds, stocks, bonds, PPF, NPS | Current market value |
| Provident Fund | EPF + VPF corpus | Balance from EPFO portal |
| Real estate | Home, rental properties, land | Current market value (not purchase price) |
| Gold | Physical gold jewellery, gold ETFs, SGB | Gold content × current rate (exclude making charges) |
| Vehicles | Car, bike, commercial vehicles | Depreciated resale value (~20%/yr for cars) |
| Business equity | Ownership stake in a business | Last valuation or book value |
| Liability Category | What to Include | How to Value It |
|---|---|---|
| Home loan | Outstanding principal on mortgage | Current outstanding balance (not original loan) |
| Car loan | Outstanding auto loan | Current outstanding balance |
| Personal / education loan | All outstanding consumer loans | Current outstanding balances |
| Credit card debt | Unpaid balance rolling month to month | Current statement balance |
| Family / informal loans | Money owed to relatives or friends | Full amount owed |
Net worth benchmarks by age in India
| Age | Target Net Worth | Typical Composition |
|---|---|---|
| 25 | 3–6 months salary | Emergency fund, EPF starting, minimal debt |
| 30 | 1–2× annual salary | Growing investments, EPF ~3 years, possibly a car loan |
| 35 | 3–5× annual salary | Equity portfolio, significant EPF, possibly home equity |
| 40 | 6–8× annual salary | Substantial investments, home equity, EPF at midpoint |
| 50 | 12–15× annual salary | Large corpus, home paid or near-paid, peak EPF |
| 60 | 20–25× annual expenses | Full retirement corpus including EPF + NPS payout |
Sources: SEBI Investor Education guidelines; Reserve Bank of India household finance surveys; EPFO annual statistical report 2024-25.
Indian assets to include in your net worth calculation
Net worth = total assets − total liabilities. For Indian households, the asset list often includes categories that don't appear in Western net worth calculators:
| Asset Type | How to Value It | Notes |
|---|---|---|
| Residential property | Current market rate × area (sq ft or m²) | Use recent comparable sales in your locality; not registration value |
| Gold and jewellery | Weight (22K grams) × current 22K gold rate | Check MCX/India Bullion rate; deduct 20–30% for resale of jewellery |
| EPF balance | EPF passbook balance (UAN portal) | Include employer's share; it's a real asset |
| PPF account | Current balance on PPF passbook | 15-year lock-in; partial withdrawal allowed after year 7 |
| NPS corpus | NPS statement balance | 60% can be withdrawn tax-free at 60; 40% must be annuitised |
| Mutual funds (MF) | Current NAV × units held | Check via CAMS/KFintech consolidated statement or your AMC app |
| Stocks and equity | Current market price × shares held | Use Demat account statement; include unrealised gains |
| FD and RD balances | Principal + accrued interest | Available in net banking; include premature closure penalty if applicable |
| Vehicles | Depreciated current market value | Cars typically lose 15–20% per year; use online valuation tools |
| Business ownership stake | Post-tax liquidation value or last valuation | Conservative estimate; illiquid assets should be discounted |
Liabilities to subtract from Indian net worth
| Liability | Amount to Enter |
|---|---|
| Home loan (outstanding principal) | Current outstanding balance from bank statement — NOT original loan amount |
| Car / auto loan | Outstanding principal only |
| Personal loan | Outstanding principal |
| Credit card dues | Total outstanding balance (all cards) |
| Education loan | Outstanding balance |
| Informal loans (family/friends) | Amount owed (often forgotten but should be included) |
Net worth benchmarks by age (India)
A commonly used rule of thumb: your net worth by any age should be approximately your age multiplied by your annual income divided by 10. At 35 with an annual income of $90,000: target = 35 × 90 ÷ 10 = $315,000. This is a rough guide, not a requirement — those in high-cost cities with recent large mortgages will naturally lag, while those from lower-cost regions may exceed it. The most important metric is your trajectory: is your net worth growing each year?