Net Worth Calculator UK
Calculate your net worth by listing assets and liabilities. Compare to UK averages by age. Completely free.
Assets (what you own)
Liabilities (what you owe)
Frequently asked questions
What is net worth and how do you calculate it?▾
Net worth is the total value of everything you own (assets) minus everything you owe (liabilities). Assets include: property, savings, investments, pensions, and vehicles. Liabilities include: mortgage, credit card debt, loans, and student loans. A positive net worth means you own more than you owe.
What is the average net worth in the UK by age?▾
Approximate UK median net worth by age: 20s £30,000, 30s £125,000, 40s £280,000, 50s £500,000, 60s £750,000. These figures include property and pensions. Excluding property and pensions, the numbers are significantly lower. The average is pulled up by wealthy individuals; the median is more representative.
Should I include my pension in net worth?▾
Yes. Your pension pot is one of your most valuable assets. For a defined contribution pension, use the current pot value. For a defined benefit (final salary) pension, a rough rule of thumb is to multiply your expected annual pension by 20. Many people underestimate their pension wealth.
Should I include my home in net worth?▾
Yes, your home is typically your largest asset. Include the current market value (not what you paid for it) as an asset, and the outstanding mortgage as a liability. Your home equity is the difference. For a true picture of liquid net worth, also calculate net worth excluding property.
Is it normal to have a negative net worth?▾
Yes, especially in your 20s and 30s. Student loans, a new mortgage, and career startup costs mean many young adults have negative net worth. This is normal and temporary if you are building earning power and paying down debt. Focus on the trajectory rather than the absolute number.
How can I increase my net worth?▾
Key strategies: (1) Increase income through career development, side hustles, or qualifications. (2) Reduce expenses and increase savings rate. (3) Pay down high-interest debt aggressively. (4) Invest regularly in ISAs, pensions, and diversified funds. (5) Overpay your mortgage if interest rate is higher than savings rates. (6) Avoid lifestyle inflation when income rises.
What counts as an asset vs a liability?▾
Assets: property, savings accounts, ISAs, investments (shares, funds, bonds), pension pots, valuable possessions (vehicles, jewellery, art), business interests. Liabilities: mortgage, credit cards, overdrafts, personal loans, student loans, car finance, buy-now-pay-later, money owed to family. Only include assets at realistic resale value.
How often should I calculate my net worth?▾
Quarterly or twice a year is sufficient. Monthly is useful if you are actively paying down debt or building savings. The trend matters more than any single snapshot. Track it in a spreadsheet or app over time. Avoid checking too frequently as short-term market fluctuations can cause unnecessary anxiety.
Does student loan debt count as a liability?▾
Technically yes, but UK student loans are unusual. They are income-contingent (you only repay above a threshold), written off after 25-40 years, and do not affect credit scores. Some financial planners exclude them from net worth calculations. Include them for a complete picture, but do not prioritise paying them off over higher-interest debt.
What is the difference between net worth and income?▾
Income is what you earn (salary, investment returns, rental income). Net worth is what you have accumulated (total assets minus debts). A high earner with high spending can have low net worth. A moderate earner with good savings habits can have high net worth. Building net worth requires consistently spending less than you earn and investing the difference.