How to Calculate Your Net Worth originally appeared on usnews.com Update 09/26/24: This story was published at an earlier date and has been updated with new information.

Most people measure wealth only by their bank balance, house, cars, or jewelry. But in reality, true financial strength is ...

Calculate your net worth to see how it stacks up against your peers.

Discover the average net worth of Americans who are age 60 and explore smart financial moves to boost your own wealth and secure a comfortable retirement.

Net worth is the value of your assets, which is basically everything you own, such as your retirement savings and real estate, minus your liabilities — the total of everything you owe.

Your net worth can say a lot about your financial life. It is easy to calculate and is a quick way to compare yourself to others at your income level. Just what is net worth?

One way to determine whether you’re in good financial health is to compare your net worth to your peers’. We’ve broken down the average net worth by age so you can see where you stand.

Have you surpassed the average net worth of your peers? Get tips from financial advisers on how to grow you wealth over time.

Tracking your net worth is a great way to determine if you're making progress toward strengthening your finances over time. Your net worth sums up your entire financial profile into a single number.

Your net worth is a good indicator of the overall state of your finances. Find out how you compare to your neighbors.

How to calculate your tangible net worth. “Your tangible net worth is similar to your net worth in that it totes up your assets and liabilities,” notes Jean Folger over at Investopedia.