Net Worth Tracker
Calculate and track your net worth by listing your assets and liabilities. See your debt-to-asset ratio, liquidity ratio, and asset allocation breakdown. Your net worth is the single best measure of your overall financial health.
Your Net Worth
Assets
$480,000Liabilities
$298,000Asset Allocation
Understanding Your Net Worth
What is Net Worth?
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). It's the single best measure of your overall financial health.
Healthy Debt Ratios
A debt-to-asset ratio below 30% is considered healthy. Above 50% may indicate too much leverage. Focus on paying down high-interest debt first.
Track Over Time
Your net worth should generally increase over time. Track it monthly or quarterly to see your progress and stay motivated toward your financial goals.
Frequently Asked Questions
What is net worth?
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). The formula is simple: Net Worth = Total Assets - Total Liabilities. It's the single best measure of your overall financial health.
What should be included in net worth?
Assets include:
- Cash and savings accounts
- Investment accounts (brokerage, mutual funds)
- Retirement accounts (401k, IRA, pension)
- Real estate (home equity)
- Vehicles (current market value)
- Valuable personal property
Liabilities include:
- Mortgage balance
- Car loans
- Student loans
- Credit card debt
- Personal loans
- Any other money you owe
What is a good net worth by age?
Common benchmarks based on annual salary:
- Age 30: 1x annual salary
- Age 40: 3x annual salary
- Age 50: 6x annual salary
- Age 60: 8x annual salary
- Age 67: 10x annual salary
However, net worth varies greatly based on income, location, and lifestyle. Focus on growing your net worth over time rather than comparing to others.
How often should I calculate my net worth?
Most financial experts recommend calculating your net worth monthly or quarterly. This frequency allows you to track progress, identify trends, and make adjustments to your financial strategy without becoming obsessive about daily market fluctuations.