Net Worth Calculator: What is Your Net Worth?
- Enter your assets and liabilities in the calculator to instantly calculate your net worth.
- Compare your net worth with the latest Stats NZ data, summarised below.
Updated 5 November 2024
net worth calculator
Assets
Your home
Other properties and land
KiwiSaver
Trusts
Shares
Other investments
Savings
Value of business
Car / boat / caravan
Other
Your total assets:
$0
Liabilities
Mortgage
Personal loan
Car loan
Investment loan
Student loan
Credit card & store card debt
Hire purchase
Interest free loans
Business loan
Other debt
Your total liabilities:
$0
Your total net worth:
$0
What is my net worth?
‘Net Worth’ is defined as the total value of your assets (property, investments and your bank balance, etc.) less your liabilities (mortgage, loans and other debts).
Any asset you own needs to be included, even if it would take some time to convert to cash. Your assets include your home and property, KiwiSaver, trust benefits, shares/investments, term deposits, your vehicles and anything else.
Liabilities tend to be easier work out due to the fact they’re debts – anyone you owe money to (mortgage lender, credit card provider, car finance, etc.) needs to be included.
Any asset you own needs to be included, even if it would take some time to convert to cash. Your assets include your home and property, KiwiSaver, trust benefits, shares/investments, term deposits, your vehicles and anything else.
Liabilities tend to be easier work out due to the fact they’re debts – anyone you owe money to (mortgage lender, credit card provider, car finance, etc.) needs to be included.
What are assets and liabilities?
Not everyone speaks ‘accountant’, so we’ve summarised assets and liabilities in plain English:
- Assets: Assets include cash items (i.e. everyday bank account, KiwiSaver funds, term deposits) and non-cash items (i.e. vehicles, property and shares) which you could sell for cash.
- Liabilities: Liabilities are debts. Anyone you owe money to is a liability. New Zealanders’ most common liabilities tend to be their mortgage, credit card balances, student loans and car finance. If you own a home, its current value is an asset and the mortgage owed is a liability.
Net worth of other New Zealanders
Stats New Zealand releases net worth data every three years — the most recent report was issued in December 2018 with data from a survey fielded in mid-2018. Here’s how net worth stacks up by age, and how it has changed since 2015.
Age Range |
2018 Average Net Worth |
2015 Average Net Worth |
% Change |
15–24 |
$7,000 |
$10,000 |
-30% |
25–34 |
$81,000 |
$96,000 |
-16% |
35–44 |
$245,000 |
$220,000 |
11% |
45–54 |
$476,000 |
$385,000 |
24% |
55–64 |
$668,000 |
$555,000 |
20% |
65–74 |
$770,000 |
$558,000 |
38% |
75+ |
$588,000 |
$497,000 |
18% |
Average |
$359,000 |
$297,000 |
21% |
Source: Stats New Zealand 2018 Survey