💰 Assets (what you own)
📉 Liabilities (what you owe)
Total assets—
Total liabilities—
What counts as an asset vs liability?
Assets include cash, savings, investments, retirement accounts, home value, vehicle value, and other property.
Liabilities include mortgage balance, car loans, student loans, credit card debt, and any other money you owe.
Net worth = Total assets − Total liabilities. It's one of the clearest single numbers for tracking your overall financial health over time.
Frequently asked questions
What's a good net worth for my age?
A common rule of thumb is having 1x your annual salary saved by 30, 3x by 40, and 6x by 50 — but this varies hugely based on location, income, and personal circumstances.
Should I include my home value?
Yes, include your home's current market value as an asset, and your remaining mortgage balance as a liability. This gives you your true home equity contribution to net worth.