Not just for millionaires anymore, net worth measures the
difference between what you own and what you owe. Knowing your
net worth is part financial fitness checkup (how am I doing?)
and part planning tool.
As long as your assets are
more than your debts, you have a positive net worth. Your
goal, from one year to the next, is to make that positive
difference grow.
Among other things, knowing your net
worth helps you see if debts are in line with assets, if
investments are growing, and even if you need more disability
or life insurance to shield your assets. Use this calculator
to take your financial pulse.
This calculator is solely for informational purposes and provides reasonably accurate results.