Calculate your total net worth — assets minus liabilities.
ASSETS (What you own)
LIABILITIES (What you owe)
Net worth is the total financial value of everything you own minus everything you owe. Net Worth = Total Assets − Total Liabilities. It is the single most important number in personal finance because it shows your true financial position regardless of income. Our net worth calculator helps you take stock of your complete financial picture instantly.
Assets include: cash and bank balances, fixed deposits, stock investments, mutual funds, EPF and PPF balance, gold and jewelry, real estate (current market value), vehicle value, business ownership stake, and any other valuable property. List everything at its current market value, not what you paid for it.
Liabilities include: home loan outstanding balance, car loan balance, personal loan balance, credit card outstanding amount, education loan balance, any money borrowed from family or friends, and business loans. List the current outstanding balance, not the original loan amount.
A useful guideline: Net Worth = Annual Income × (Age / 10). So a 30-year-old earning Rs. 10 lakh should aim for Rs. 30 lakh net worth. By 40, aim for 4x annual salary. By 50, aim for 10x. These are targets — many people start negative due to student or home loans and gradually build positive net worth.
Track net worth monthly to see progress. Increase income through skill development and career growth. Reduce liabilities by aggressively paying down high-interest debt. Invest savings in assets that grow over time (stocks, mutual funds, real estate). Avoid depreciating "liabilities disguised as assets" — an expensive car financed with loans decreases net worth through depreciation and interest.
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). Net Worth = Total Assets − Total Liabilities.
Assets include cash, bank accounts, investments, retirement accounts, real estate, vehicles, and valuable personal property.
Liabilities include mortgage balance, car loans, student loans, credit card debt, personal loans, and any other money you owe.
A common benchmark is to have net worth equal to your annual salary by age 30, 3x by 40, 6x by 50, and 8x by 60, according to Fidelity's guidelines.
