Calculate total net worth by tracking all assets and liabilities. Comprehensive wealth analysis with age-based benchmarks, financial health score, asset allocation breakdown, and personalized wealth-building strategies.
Frequently Asked Questions
What is a good net worth by age?
A common benchmark is the Millionaire Formula: multiply your age by your annual pre-tax income, then divide by 10.
For example, a 40-year-old earning $100,000 should target $400,000 net worth.
By age 30, aim for 1x annual income; by 40, aim for 3-4x; by 50, aim for 6-7x; and by retirement (65), aim for 10-12x annual income.
However, these are guidelines—your target depends on lifestyle goals, retirement plans, and when you started saving.
How often should I calculate my net worth?
Calculate your net worth quarterly (every 3 months) to track progress without obsessing over short-term market fluctuations.
Annual reviews work for simpler financial situations.
Monthly tracking is only recommended if you are actively paying down debt or building wealth and want frequent motivation.
Avoid daily or weekly calculations as asset values (especially investments and real estate) fluctuate naturally and can cause unnecessary stress.
The key is consistency—use the same methodology each time for accurate trend analysis.
Should I include my home equity in net worth?
Yes, include your home equity (current market value minus mortgage balance) in net worth calculations, as it represents a significant asset for most households.
However, distinguish between total net worth and liquid net worth (excluding primary residence and retirement accounts).
Your home provides housing security but is illiquid—you cannot easily access this wealth without selling or borrowing.
For financial planning, focus on building liquid assets alongside home equity, aiming for at least 25-30% of total net worth in liquid investments.
What is the average net worth in America?
According to 2023 Federal Reserve data, the median U.S. household net worth is approximately $192,000, while the average (mean) is $1.06 million.
The large gap reflects wealth inequality—high-net-worth individuals skew the average upward.
Median figures are more representative: under-35 households average $39,000; 35-44 average $135,000; 45-54 average $247,000; 55-64 average $364,000; and 65-74 average $410,000.
These figures vary significantly by income level, education, and geography.
Compare yourself to age-appropriate benchmarks rather than overall averages.
Is negative net worth bad at age 25?
Negative net worth at 25 is common and not necessarily bad, especially if caused by student loans or a mortgage on an appreciating home.
What matters is the trajectory: are you making progress month-over-month? Focus on high-interest debt first (credit cards over 15% APR), build an emergency fund ($1,000-$3,000 initially), then tackle student loans while investing for retirement (at least enough to capture employer 401k match).
Most 25-year-olds have minimal assets, so even small liabilities create negative net worth.
By 30-32, you should reach positive territory and begin meaningful wealth accumulation.
How can I increase my net worth quickly?
There are no sustainable get rich quick methods, but you can accelerate wealth building through: (1) Increasing income via career advancement, side hustles, or business ownership—often the highest-leverage strategy; (2) Reducing expenses by 20-30% and redirecting savings to investments or debt payoff; (3) Eliminating high-interest debt (credit cards, personal loans) to stop wealth destruction; (4) Maximizing tax-advantaged accounts (401k, IRA, HSA) for compound growth; (5) Investing consistently in low-cost index funds regardless of market conditions.
Realistically, expect 5-15% annual net worth growth through disciplined execution of these strategies.
Avoid schemes promising 50%+ returns—they are scams.
About This Page
Editorial & Updates
- Author: SuperCalc Editorial Team
- Reviewed: SuperCalc Editors (clarity & accuracy)
- Last updated: 2026-01-13
We maintain this page to improve clarity, accuracy, and usability. If you see an issue, please contact hello@supercalc.dev.
Financial/Tax Disclaimer
This tool does not provide financial, investment, or tax advice. Calculations are estimates and may not reflect your specific situation. Consider consulting a licensed professional before making decisions.