What Are You Worth?
A simple formula for evaluating your net worth1. Get a snapshot of your net worth.
- The combination of what you own (your assets) and what you owe (your liabilities) makes up your personal net worth. Learn More
- What do you want from your money? A down payment on a new house, a new car, a comfortable retirement? While these questions may seem basic, they can be the starting point of good money management. Learn More
- Figure out where your money should go first.
- Pay off high-interest debt, like credit cards.
- Plan for major life events, like starting a family or buying a house.
Keep things in perspective
Source: Nilson Report, April 2009
Source: National Project on Student Debt, 2008
Are you saving for retirement?
See how you compare to the average worker and find ways to help you save for retirement.
|Reported Total Savings and Investments Among Working Americans|
|Less Then $10,000||48%||57%||51%||46%||31%|
|$10,000 - $24,999||12%||19%||10%||8%||9%|
|$25,000 - $49,999||10%||12%||11%||9%||8%|
|$50,000 - $99,999||10%||6%||14%||9%||12%|
|$100,000 - $249,999||10%||5%||12%||12%||18%|
|$250,000 or more||10%||1%||3%||17%||22%|
Source: 2012 Retirement Confidence Survey, Employees Benefit Research Institute and Mathew Greenwald & Associates, ebri.org