Net Worth Calculator Description How much are you worth? The Net Worth calculator determines the total value of what you own (your Assets) minus what you owe others (your Liabilities). When to use Use this net worth calculator to: Annually assess the improvement or deterioration in your wealth Determine if you need an Estate Plan Provide information to a lender for a possible loan Assess your ability to get a loan Examine the nature of your personal Wealth....How much liquidity do you have? What information you will need To effectively use this financial tool it is best to have the following on hand: bank statements statements from brokers showing the value of stocks, bonds, and mutual funds life insurance policy statement (showing cash value of your policy) most recent tax return statement of business assets and liabilities paycheck stub record of value of any assets owned (home, cars, boats, collectables, furnishings etc.) credit card statements loan statements mortgage statements other debt information Note: You do not need to have all this information to use the tool, but the more you have available, the more accurate the calculation. Date: Title: ASSETS Step 1: Identify your Assets Checking Savings CDs Other Investments Stocks Bonds Mutual Funds Cash Value of Insurance Business Ownership Other (options, REITs, N/R) Retirement Savings Present Value of employer pension IRAs, SEP, KEOGH, SIMPLE 401(k) or 403(b) Variable/Fixed annuity Other Personal Property Primary Home Vacation Home Rental Property Car(s) Furnishings Jewelry/Art Collectables Other Step 2: Identify your Liabilities Home Mortgage Home Equity Loans Other Mortgage Bank Loans Auto Loans Credit Card/Charge Account Personal Loans Business Loans Other Other