If someone asked what you’re worth, could you give a number? Most of us can quote our salary to the dollar, yet net worth, the figure that actually measures financial progress, usually gets a shrug. This page fixes that: use the calculator to get your number, then read on to understand what it means and how it compares.
If you prefer working in a spreadsheet, FinSnap, our free template, calculates your net worth and keeps it alongside your budget, insurance, and the rest of your financial data in one place.
What Is Net Worth?
Net worth is the total value of everything you own (your assets) minus everything you owe (your liabilities). It’s the clearest single measure of your financial health, because it reflects every saving, spending, and borrowing decision you’ve made so far.
The formula is one line:
Net Worth = Total Assets – Total Liabilities
Assets are things you own that hold value: cash and savings, CPF balances, investments, the surrender value of insurance policies, your property, and your business, if you have one.
Liabilities are what you owe: your outstanding mortgage, car loan, renovation or study loans, credit card balances, and any income tax due.
A positive and growing net worth means you’re building wealth. A stagnant or shrinking one is an early warning that deserves attention long before it becomes a crisis. And if your number is negative, perhaps because of a study loan early in your career, that’s a starting point rather than a verdict. Plenty of people begin below zero and build steadily from there.
SIDE NOTE
A policy bought years ago. Savings in three places. A will that's still on the to-do list.
None of it is wrong. It's just not a plan yet.
There's an order that turns the pieces into one system, and it doesn't require becoming a finance expert. Here's the order, in 7 steps, so you know what to sort out first.
How to Use This Net Worth Calculator
The calculator above does the tabulating for you. Enter the current market value of each asset and the outstanding balance of each liability, and it produces your personal balance sheet. A few tips on where to find the numbers:
- Cash and deposits. Pull the balances from your banking apps, including fixed deposits and cash alternatives like money market funds.
- CPF balances. Log in to the CPF app or website with Singpass and enter your Ordinary Account, MediSave, and Special or Retirement Account balances. One note if you’re 55 or older: CPF Board closed the Special Account for members aged 55 and above in January 2025, and those savings now sit in your Retirement Account, so use the RA field instead.
- Investments. Use today’s market value of your stocks, unit trusts, bonds, and other holdings, not what you paid for them.
- Insurance policies. Enter the surrender or cash value of your life insurance, endowment, and annuity policies, which you’ll find in your annual policy statements or by asking your adviser. Term policies have no cash value, so they don’t appear here.
- Property and vehicles. Use a realistic current market value, then list the outstanding loans separately under liabilities. The calculator nets them off for you.
Fill in what you know and estimate the rest. A net worth figure that’s 95% accurate today beats a perfect one you never get around to computing.
Does Your CPF Count Towards Your Net Worth?
Yes. Your CPF savings are your money, they earn interest in your name, and the official government wealth statistics count them in full. Leave CPF out and you’d be understating the average Singaporean household’s wealth by around a fifth.
The better question is not whether to count CPF, but how to think about it. Not all net worth is equally usable, so it helps to sort your assets into three buckets:
- Liquid: cash, deposits, and investments you could sell this week.
- Semi-liquid: property equity and insurance cash values, which are real but slow or costly to unlock.
- Locked: CPF balances, which are largely out of reach until 55, and structured to provide retirement income from 65.
All three buckets are wealth. But a $700,000 net worth that’s mostly liquid puts you in a very different position from the same number locked in CPF and a flat you live in. Knowing your split matters as much as knowing your total.
Should You Include Your HDB Flat (and Your Car)?
Include your home. Count its current market value as an asset and the outstanding mortgage as a liability, and the difference, your property equity, is part of your net worth. This is how the government measures it too: property equity accounts for 56% of the average household’s net worth, which is no surprise when 91.2% of resident households live in homes they own as of 2025, and the median HDB resale flat changes hands at around $628,000 as of early 2026.
Two honest caveats, though. You live in it, so that equity isn’t spendable unless you downsize, rent out a room, or tap a scheme like the Lease Buyback. And for older flats, the remaining lease matters: a flat with 40 years left will not hold value the way a newer one does. Count your home fully, but don’t let it lull you into thinking the wealth is at your fingertips.
Your car is also an asset, minus the outstanding loan. Just remember it behaves unlike every other asset on the list: with a 10-year COE, its value is engineered to fall towards zero. Count it, but never rely on it.
QUICK CHECK
Can you answer these three questions?
1) If something happened to you tomorrow, how much would your family receive?
2) At 65, what monthly income will your savings and investments pay you?
3) If you never get round to a will, who inherits what, and in what proportion?
Most people manage one at best. Not because they're careless, but because nobody has shown them which order to tackle things in.
That order exists. Work through your finances in this sequence, from income and protection through to investments and estate planning.
How Do You Compare? Net Worth Benchmarks in Singapore
For the first time, we have official government data on household wealth to benchmark against. According to the MOF Occasional Paper published in February 2026, the average resident household in Singapore held a net worth of $1.755 million as at 2023. Here’s the spread:
| Household wealth group | Average net worth |
|---|---|
| Bottom 20% | $293,000 |
| Middle 20% | $994,000 |
| Top 20% | $5,264,000 |
| Average across all households | $1,755,000 |
Before you measure yourself against these figures, three qualifiers.
These are household numbers, not individual ones. A typical resident household has around three members, so a couple’s combined balance sheet is the right comparison, not your personal one.
The average is pulled up by very wealthy households. The middle 20% figure of $994,000 is a more realistic reference point for a typical family, and for most of them it consists largely of their flat and CPF. There’s no official breakdown by age, so if you’re wondering what a good net worth at 40 looks like, a household tracking towards that middle range, with debt below 10% of assets, is in reasonable shape.
And these figures include everything: property equity, CPF, and other financial assets. If you’re comparing, count yours the same way.
We’ve broken down the full dataset, including asset mixes and how Singapore compares internationally, in our guide to the average net worth in Singapore.
Total vs Liquid Net Worth
Two Singaporeans can have identical net worth and completely different financial lives.
Take Wei Ming, 38. His flat is worth $650,000 with $280,000 left on the mortgage, he holds $180,000 across his CPF accounts, $90,000 in investments, and $40,000 in cash. His total net worth is $680,000, right in the range of many of his peers.
But look at the buckets: $370,000 is property equity he lives in, $180,000 is locked in CPF, and only $130,000 is liquid. If he lost his job tomorrow, the liquid figure is the one that determines how long he could hold out, not the $680,000 headline.
That’s why it’s worth computing both numbers. Total net worth measures long-term progress. Liquid net worth measures resilience. You want both moving up over time, and if your liquid bucket covers less than six months of expenses, building it up comes before chasing returns.
How to Increase Your Net Worth
The mechanics are simple even if the execution takes years: grow your assets, shrink your liabilities, and protect the whole thing along the way.
Earn more. Your income funds everything else, and investing in your career or business usually pays better than any side hustle. The higher your earning power, the faster every other lever works.
Save more, borrow carefully. Spending less is the lever most within your control, and budgeting properly is how you find the slack. On the liability side, clear high-interest debt first, credit cards above all. Not all borrowing is bad, a mortgage on a sensibly priced home builds equity, but debt that funds consumption only drags your number down.
Invest more. Money parked in a savings account loses ground to inflation. Investing early, even in modest amounts, lets compounding do a growing share of the work, and it’s the main way households pull ahead over decades of saving for retirement.
Protect what you’ve built. A serious illness, disability, or death in the family can undo 20 years of careful accumulation in one stroke. Adequate insurance cover ensures a single event doesn’t wipe out the net worth you’ve worked for, and our life insurance calculator helps you work out how much cover that means for you and your loved ones.
How Often Should You Track Your Net Worth?
Once or twice a year is enough. Net worth moves slowly, and checking it monthly mostly measures market noise and property sentiment rather than your own behaviour.
Pick a fixed date, perhaps every January, or January and July, and recompute. What matters is the trend across years. A number that climbs steadily through pay rises, CPF contributions, mortgage paydown, and investment growth tells you the plan is working.
The calculator on this page gives you the snapshot. To track the trend, the same FinSnap template keeps a running record of your personal balance sheet, and pairs well with our budget and expense calculator for managing the monthly cash flow that feeds it.
What’s Next?
Now you have your number, and that alone puts you ahead of most people. What matters from here is the direction it moves. Our seven-step guide to personal financial planning in Singapore shows you what to sort out first, from protection through to investing and estate planning.
And if you’d rather have a professional look at the whole picture with you, our comprehensive financial planning session reviews your CPF, insurance, and investments together.
BEFORE YOU GO
Articles can tell you what generally makes sense. They can't see your policies, your CPF, or your plans.
FullCircle is our comprehensive financial planning session. A licensed consultant goes through what you have, shows you the gaps and overlaps, and tells you what to prioritise across protection, retirement, and estate planning.
It's complimentary, takes about 45 minutes, and if nothing needs changing, we'll say so.