Net Worth Calculator — Your Real Financial Picture

According to the Federal Reserve, median net worth in the US is: under 35 (~$39K), 35–44 (~$135K), 45–54 (~$247K), 55–64 (~$364K), 65+ (~$409K). A common rule of thumb: your net worth should be roughly your age × your annual income ÷ 10. But the most important metric is whether your net worth is growing year over year.

Yes — your home's current market value is an asset, and your mortgage balance is a liability. The difference is your home equity. However, financial planners often look at "liquid net worth" separately (excluding real estate and retirement accounts with penalties for early withdrawal) since you can't easily spend illiquid assets.

The fastest levers are: (1) increase income — a salary increase or side income has compounding effects, (2) aggressively pay down high-interest debt — especially credit cards, (3) invest consistently — even small amounts compound significantly over time, and (4) avoid lifestyle inflation as income rises. Tracking net worth monthly keeps you accountable.

Yes — especially for young people with student loans or those who recently bought a home with a small down payment. Negative net worth is not a crisis if you have stable income and a plan. The key metric is the trend: is your net worth improving month over month? That's more important than the absolute number.