Net Worth Calculator
Track assets minus liabilities. Compare your net worth to US median wealth by age (2022 Fed SCF data) and the classic "millionaire next door" target.
FINANCECalculate your net worth (assets minus liabilities) and compare it to US median wealth by age bracket using the 2022 Federal Reserve Survey of Consumer Finances, plus the classic Stanley and Danko "millionaire next door" target formula.
Captures all major asset categories (cash, savings, retirement, brokerage, home, vehicles, other) and liability categories (mortgage, student loans, credit cards, auto loans, other debt). Computes total net worth, liquid net worth (excluding home and vehicles), comparison vs US median and mean for your age bracket, and a target (age x income / 10) with percentage progress.
Net Worth Calculator
Track assets minus liabilities to find your true net worth. Compare your number against US median wealth by age and the classic "millionaire next door" target.
🟢 Assets
🔴 Liabilities
How You Compare
"Millionaire Next Door" Target
Stanley & Danko formula: age × pre-tax income ÷ 10. Above this number = "Prodigious Accumulator of Wealth".
Breakdown
Why Net Worth Beats Income
Net worth - assets minus liabilities - is the single best snapshot of financial health. A high earner with $150k income but $0 saved and $50k in credit card debt has a net worth of -$50k. A retired teacher with $400k saved and no debt has $400k. Same coffee shop, very different financial position.
The 2022 Federal Reserve Survey of Consumer Finances reports US median household net worth at $192,700 (mean $1.06M - pulled up sharply by ultra-wealthy households). Numbers shown here are the medians by age bracket for typical workers, since means are distorted by the top 1%.
Track net worth monthly. The classic millestones: $100k by 30, $250k by 40, $500k by 50, $1M by 60. Save 20%+ of income, invest in low-cost index funds, max tax-advantaged accounts (401k, Roth IRA, HSA) - the numbers compound from there.
Educational tool only. US benchmarks are from the 2022 Fed SCF report and may shift with inflation. Home and vehicle values should be conservative current market estimates, not original purchase prices.