Net Worth Calculator
Calculate your net worth and see your percentile rank against US households in your age range. Based on the Federal Reserve's 2022 Survey of Consumer Finances.
Track your net worth every month, automatically.
Connect your accounts and watch your number compound. Bonsave handles the math.
What is net worth?
Net worth is the single most useful number in personal finance. It is everything you own (cash, investments, home equity, vehicles, business equity) minus everything you owe (credit cards, student loans, auto loans, mortgages). One figure captures your entire financial position. Income tells you how much you make, but net worth tells you how much you have actually kept. Two people with identical salaries can have wildly different net worths based on how much they save and what they choose to spend on.
How to read your percentile
The percentile shown above compares you to other Americans in your age bracket using the Federal Reserve's Survey of Consumer Finances, a triennial study that is the gold standard for US wealth data. We use the 2022 release, the most recent available.
A 60th percentile result means you have more net worth than 60 percent of US households your age. The distribution is heavily right-skewed, so the gap between the 50th and 75th percentile is much larger than the gap between the 25th and 50th. Climbing one percentile near the top represents far more wealth than climbing one near the bottom.
Median net worth by age (2022 SCF)
These are the median (50th percentile) net worth figures for US households, reported by the Federal Reserve. Use them as a rough benchmark, not a target. Your situation, location, and goals matter more than matching the middle.
- Under 35: $39,000
- 35 to 44: $135,600
- 45 to 54: $247,200
- 55 to 64: $364,500
- 65 to 74: $409,900
- 75 and older: $335,600
Why the average is misleading
You will sometimes see headlines reporting average US household net worth at over a million dollars. That figure is technically correct and almost entirely useless. Net worth distribution is one of the most skewed in any economic statistic, because a relatively small number of extremely wealthy households pull the mean far above what typical families actually have. Always look at the median when comparing yourself. The median 35 to 44 year old has a net worth of $135,600. The mean for the same group is over $549,000. The median is what most people in that age range actually look like.
What counts as an asset?
Anything with real, marketable value. The standard list:
- Cash and equivalents: checking accounts, savings, money market, CDs.
- Investments: brokerage accounts, individual stocks, bonds, mutual funds, ETFs.
- Retirement accounts: 401(k), 403(b), traditional IRA, Roth IRA, HSA, pensions you can value.
- Real estate: home equity (market value minus mortgage), rental properties.
- Vehicles: market value (Kelly Blue Book or similar), not what you paid.
- Business equity: ownership stake in a business at a defensible valuation.
- Collectibles and other: art, jewelry, crypto, anything else with a real market.
What counts as a liability?
Every dollar you owe to someone else.
- Credit card balances (the full amount, not just the minimum due).
- Student loans, federal and private.
- Auto loans.
- Mortgage principal remaining (the unpaid balance, not the original loan).
- Personal loans, lines of credit, BNPL balances, family loans you intend to repay.
- Tax debts and other money owed.
How to grow your net worth
The math is simple even if the execution is hard. Net worth grows when you earn more than you spend and invest the difference. Three high-leverage moves: raise your savings rate (the percentage of income you keep), invest in tax-advantaged accounts and low-cost index funds, and eliminate high-interest debt as fast as you can. The compounding effect is what makes the long view powerful. A 25 year old who invests $500 a month at 7 percent real returns has roughly $1.2 million by 65. The same person starting at 35 ends up with about $570,000. The cost of waiting is enormous, and the cost of starting is small.
Why tracking matters more than calculating
Calculating your net worth once tells you where you are. Tracking it monthly tells you where you are going. The trend line is what actually matters. A single high or low number is meaningless without context. Over six months, the slope tells you whether your decisions are working. People who track their net worth consistently end up wealthier on average than people with similar incomes who do not, because measurement creates attention, and attention creates behavior change. That is the entire pitch for Bonsave: connect your accounts, get your number updated automatically, watch the trend.
Frequently asked questions
What is net worth and how do you calculate it?
Net worth is everything you own (assets) minus everything you owe (liabilities). Add up cash, investments, retirement accounts, home equity, vehicles, and any business or collectible value, then subtract credit card balances, student loans, auto loans, and any other debts. The result is your net worth. It is the single best snapshot of your financial position because it reflects both what you have built and what you still owe.
What is a good net worth by age?
A common benchmark is to have one times your annual salary saved by age 30, three times by 40, six times by 50, eight times by 60, and ten times by 67. The Federal Reserve's 2022 Survey of Consumer Finances reports a median net worth of $39,000 for households under 35, $135,600 for ages 35 to 44, $247,200 for ages 45 to 54, $364,500 for ages 55 to 64, and $409,900 for ages 65 to 74. These medians include home equity and retirement accounts.
Should home equity be included in net worth?
Yes. Standard net worth definitions include home equity (your home's market value minus the outstanding mortgage). That said, many people also track a liquid net worth figure that excludes home equity, since you cannot easily spend it. Both numbers are useful. The full net worth tells you your wealth position; liquid net worth tells you how much you could deploy in an emergency or use to retire.
How is my percentile calculated?
Your percentile is based on the Federal Reserve's triennial Survey of Consumer Finances, which is the most authoritative source on US household wealth. We use the 2022 release (the most recent) and compare your net worth to the distribution of households in your age bracket. A 75th percentile result means you have more net worth than 75 percent of US households your age.
Why is the average net worth so much higher than the median?
Because net worth is heavily skewed by a small number of very wealthy households. The median (the middle household) is a far better measure of typical wealth. For example, the mean US household net worth in 2022 was over $1 million, but the median was only $192,700. Always compare yourself to the median, not the mean.
How can I increase my net worth?
Three levers move the number. First, raise your savings rate (the gap between income and spending). Second, invest the surplus in tax-advantaged accounts (401(k), IRA, HSA) and low-cost index funds. Third, pay down high-interest debt aggressively, since avoiding a 20 percent credit card rate is mathematically equivalent to earning a 20 percent investment return. Track your net worth monthly so you can see the trend and stay motivated.