← Back to All Questions
Q What is net worth and how do I calculate it?
James Wilson General 171 views Aug 01, 2026
Expert Answer

Net Worth = Assets - Liabilities

Assets: Savings, investments, retirement accounts, real estate, vehicles.

Liabilities: Mortgage, student loans, car loans, credit card debt.

Example: $360,000 assets - $268,000 debts = $92,000 net worth.

Benchmarks: By 30 = 1x salary. By 40 = 3x. By 50 = 6x. By 65 = 10x.

Track yours free: FinanceGuide Net Worth Tracker

Full guide: How to Calculate Net Worth

BG
Bhaskar Gadi
Financial Advisor & LIC Agent · Answered Aug 01, 2026

Have a Question?

Get free expert answers within 24 hours

Ask Your Question — Free

✍️ Ask a Question

Answers within 24 hours · No spam · Your email stays private

Disclaimer: This website provides general educational information only and does not provide personalized investment advice or recommendations. Financial decisions should be made after considering individual circumstances and consulting a qualified professional where appropriate. Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance does not guarantee future results.

Ask Your Financial Question