Calculate household net worth
| Total liabilities | — |
|---|---|
| Liquid net worth | — |
How This Is Calculated
Net worth is calculated as total assets minus total liabilities. Assets include liquid holdings (cash, savings, investments), retirement accounts (PF, PPF, NPS), and other property/professional assets; liabilities include home loans, personal loans, credit card dues and other outstanding debt. Tracking net worth over time — rather than just income — gives a clearer picture of actual financial progress.
Frequently Asked Questions
Net worth is a valuation snapshot
A useful net-worth figure uses consistent valuation dates and avoids mixing face value, book value and market value. Contingent liabilities, guarantees and jointly owned assets should be disclosed rather than silently ignored.
For planning, track both liquid net worth and total net worth. For legal, tax, lending or regulatory use, apply the valuation basis required for that purpose instead of this personal-finance convention.
Input integrity
- Use source documents rather than approximate memory.
- Confirm period, units, tax regime/category and sign conventions.
- Test zero, threshold and just-above-threshold cases where relevant.
Output interpretation
- Separate arithmetic output from legal eligibility/classification.
- Preserve assumptions and the official-source date.
- Use the linked detailed guide for exceptions and evidence.
Primary-source starting points
Reviewed 22 August 2026. Always test later amendments, corrigenda and portal implementation before a live filing or transaction.