Net Worth Calculator


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How can this Net Worth Calculator help you?

This simple online tool allows you to find out your current net worth. By calculating your net worth you may verify the total value of all your assets and then compare it to the average values for your country.

Regular verification of your net worth lets you monitor the state of your wealth accumulation. This is an important metric of your financial situation. High net worth individuals can not only afford more but live a peaceful life without worrying about the home budget.

How to Calculate Net Worth?

Although the formula for calculating net worth is pretty simple, the challenge is to identify and evaluate all your assets. 

Our calculator enumerates the most common assets and liabilities, but you should be aware that there might be other less common assets, so please do not forget about them.

Net Worth Formula

If you wish to calculate your net worth you should subtract all your liabilities from the total value of the assets you own. 

Net_Worth = Total_Assets - Total_Liabilities  

Similar tools

Once you know your current net worth you may be interested in how to increase it. Well the first step is to start by preparing your saving strategy. The best tools that will help you start are our regular savings calculator and savings goal calculator which tell you how long it will take to reach a certain amount of savings. 

Once you accumulate enough savings you may wonder if it is enough to live just from savings. Check out our living from a capital calculator to find out how long your savings will last.

For those who are thinking seriously about their future retirement we prepared the retirement savings goal calculator where you could estimate how long and how much you should save in order to retire early.

At last remember that your savings rate is equally important as the regularity and persistence. Do not give up and stick to your plan in the long run the compound interest can make wonders!


Authors

Created by Lucas Krysiak on 2022-06-11 13:50:34 | Last review by Mike Kozminsky on 2022-06-24 14:10:07

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