Add up what you own, subtract what you owe, and get a single figure for where you actually stand financially, with the composition broken down.
Net worth is total assets minus total liabilities. Assets cover cash, deposits, investments, property, and gold; liabilities cover home, car, personal, and credit card debt. The breakdown matters as much as the total — a net worth concentrated in a single illiquid property is a very different position from the same figure spread across liquid investments.
Include it at realistic market value, and include the outstanding home loan as a liability. Some people track net worth both with and without their primary residence, since a home you live in cannot be spent without moving.
Once or twice a year is enough. Net worth moves slowly and checking it too frequently mostly captures market noise. The trend across years is the useful signal, not the month-to-month figure.
There is no universal benchmark — it depends on age, income, location, and dependants. The more useful question is whether it is rising year on year and whether its composition is becoming more liquid and diversified over time.
This calculator is for information only and is not investment, tax, or financial advice. Figures are estimates based on the assumptions you enter and are not a guarantee of future returns. Consult a SEBI-registered adviser or a qualified tax professional before acting.