Net Worth Calculator

Net worth = total assets − total liabilities. Common assets include your home (market value), KiwiSaver balance, term deposits, vehicles (current value), and other investments. Common liabilities include the mortgage balance, student loan, credit card debt, personal loans, and HP. Stats NZ Household Economic Survey (2024) puts the median household net worth at $397,000. Source: Stats NZ HES.

Yes — both your home (at market value) and the mortgage balance. Some advisers separate "net worth" (everything) from "investable assets" (excluding the home you live in) since you can't spend home equity without selling. Both views are useful for tracking progress. Source: MoneyHub.

NZ has high household net worth by OECD standards, driven by housing. Per Credit Suisse Global Wealth Report 2024, NZ ranks #6 globally by median wealth at ~US$248,000 (NZ$397,000) — behind Australia (#1 at US$496k), Belgium, Luxembourg, Hong Kong, and the UK. But about 60% of NZ household wealth is locked in the family home. Stripping out home equity, NZ ranks ~20th — well below Australia and the UK. This 'asset-rich, income-poor' profile is why so many Kiwis feel financially stretched despite high net worth. Source: Stats NZ HES + Credit Suisse 2024 + RNZ analysis.

Quarterly is the sweet spot for most people. Annual is the minimum (do it at tax-year end, 31 March). Track it monthly only if you're actively managing investments or paying down debt aggressively — daily tracking causes anxiety, not better decisions. Major life events that warrant immediate recalculation: buying or selling a home, redundancy, inheritance, divorce, starting a business, having a child, or any large purchase or debt change. Use the same valuation method each time (e.g. Homes.co.nz CV for the house, last KiwiSaver balance, current TD account balances). Consistency matters more than precision. Source: Sorted NZ.