Add up what you own and subtract what you owe. See how much of it you could reach without selling the house or touching retirement money, and how it compares with other households your age.
Figures are family net worth by age of the head of household from the Federal Reserve's 2022 Survey of Consumer Finances, in 2022 dollars. They are household totals, so a couple should compare what they have together. The median is the household in the middle; the mean is pulled far higher by the wealthiest families, which is why the median is the fairer yardstick.
Net worth is every asset at what it would sell for today minus every balance owed. Liquid net worth counts only cash and ordinary investments, set against credit cards, student loans and other debts; the house, the cars and their loans are left out, and so is retirement money, which usually costs tax and penalties to take early. Retirement balances are counted before tax, so part of that money will go to taxes when it is withdrawn. Nothing you type is saved or sent anywhere. The link button copies your numbers into the page address and nowhere else.
Add up what everything you own would sell for today, including cash, investments, retirement accounts, your home and vehicles. Then subtract every balance you owe. The result can be negative, which is common early in a career, especially with student loans.
The Federal Reserve's 2022 Survey of Consumer Finances puts the median household net worth at $39,000 for households headed by someone under 35, $135,600 at 35 to 44, $247,200 at 45 to 54, $364,500 at 55 to 64, $409,900 at 65 to 74 and $335,600 at 75 or older. The calculator compares yours with the median for your age.
The part you could reach quickly without selling your home or car or withdrawing retirement money early: cash and ordinary investments minus credit card, student loan and other unsecured debt. It is a better measure of your cushion for an emergency than total net worth.