Net worth is a simple calculation — assets minus liabilities — but the value is tracking it consistently over time, since a single snapshot tells you far less than the trend.
The Calculation and Benchmarks
Net worth = total assets (cash, investments, retirement accounts, home equity) − total liabilities (mortgage, loans, credit card debt). Compare your number against the Fidelity benchmark (1x salary by 30, 3x by 40, 6x by 50) — though remember the 2026 median tells a more modest story (a median 35-44-year-old has roughly $45,000 in retirement accounts specifically, well below the $225,000 target on a $75,000 salary), so being behind the aspirational benchmark is common, not a personal failing.
Track net worth quarterly or annually, not monthly — short-term market swings can make a monthly check feel discouraging or falsely encouraging, obscuring the meaningful trend. A consistent, less-frequent check shows the actual trajectory your habits are producing.
Someone Just Starting to Track: Don't be discouraged by a low or negative starting number (common with student loan debt) — the value is in the trend from this point forward, not the starting snapshot.
Someone With Net Worth Concentrated in Home Equity: Illiquid net worth (equity you can't easily access) is but track it separately from liquid net worth (cash, investments) for a more accurate picture of actual financial flexibility.
Calculate and Track Your Net Worth
- List all assets and their current values.
- List all liabilities and their current balances.
- Subtract to get your net worth, and set a recurring quarterly or annual check-in.
See how much savings should you have for the fuller benchmark context.



