Personal Net Worth Calculator
Calculate your net worth by aggregating assets and liabilities. Features benchmarking against Federal Reserve SCF data to determine your wealth percentile by age.
You are in the top 0% for your age group.
Median for age :
About
Net worth serves as the primary metric for financial health, surpassing income in long-term importance. This calculator aggregates liquid assets, investment portfolios, and real estate holdings, then subtracts all outstanding liabilities. Unlike simple arithmetic tools, this application benchmarks the result against Federal Reserve Survey of Consumer Finances (SCF) data.
Understanding where a specific net worth falls within an age-based cohort helps in adjusting savings rates and risk exposure. A positive net worth indicates solvency, while a negative value highlights the need for debt restructuring. Precision in categorizing assets is required for an accurate picture, particularly when distinguishing between depreciating assets (vehicles) and appreciating ones (equities, real estate).
Formulas
The core calculation follows the fundamental accounting equation:
Percentile ranking (P) is derived from the cumulative distribution function (CDF) of the specific age cohort data set S:
Reference Data
| Age Cohort | Median Net Worth | Top 10% Threshold | Top 1% Threshold |
|---|---|---|---|
| < 35 | $13,900 | $275,000 | $1,800,000 |
| 35-44 | $91,300 | $850,000 | $4,300,000 |
| 45-54 | $168,600 | $1,400,000 | $7,200,000 |
| 55-64 | $212,500 | $2,200,000 | $10,400,000 |
| 65-74 | $266,400 | $2,500,000 | $12,600,000 |
| 75+ | $254,800 | $2,100,000 | $9,800,000 |