There are plenty of free net worth trackers on the internet. For most of them, you enter the value of your assets and liabilities, and the calculator does the simple math to show you how much you're worth. The best net worth calculators, however, do far more than simple math.
They enable you to connect accounts to automatically pull in data. They can connect bank accounts, credit cards, investment and retirement accounts, and even the value of your home. These calculators then regularly update your net worth and keep track of changes over time.
With that in mind, what follows is a list of what I think are the top net worth apps available today.
Editor's Top Picks
There are countless free and paid tools you can use to track your net worth. Here are the two I think are the best of the best.
- Empower–This free tool, previously called Personal Capital, is my top pick for tracking your net worth. You can connect bank accounts, credit cards, investment accounts, retirement accounts, crypto, and even real estate via Zillow. Beyond tracking your net worth, Empower also offers a wealth of tools and charts to evaluate your finances.
- Kubera–For those that just want to track net worth, Kubera offers a very clean interface. It links with just about every financial institution out there, including crypto accounts. While it doesn't offer portfolio analysis tools at present, it does give you visibility into individual holdings. Kubera does cost $150 a year, but they offer a 14-day trial for $1.
Top Net Worth Calculators
Household net worth has grown substantially over the last few years, as tracked by the Fed.
The growth has largely followed the increase in real estate prices and stocks. Of course, net worth doesn't always go up, which is one reason I have tracked our net worth for about 20 years.
Here are some tools that can make tracking your net worth easy and informative:
1. Empower–Editor's Choice
Best for investment management
Empower is without question the best net worth tracker available today. Previously called Personal Capital, it's still free and no other tool offers more features.
With Empower, you link all your financial accounts (it secures your data with AES-256 encryption). You can also add accounts without online logins manually (e.g., artwork or vehicles). Once linked, it automatically pulls in all transactions and balances and tracks your net worth over time.
Why Empower is my top pick, however, goes far beyond tracking your balance sheet. It enables you to track all of your income and expenses by category. It offers excellent tools to evaluate your investments, including an asset allocation inspector, fee analyzer, and retirement planner.
Best for just net worth tracking
Kubera is a relatively new app designed specifically to track net worth. You can link just about any type of account to Kubera. In addition to bank, credit card and investment accounts, you can link cars using the VIN, the value of real estate via Zillow, and even the value of domain names.
The user interface is clean, and the tool allows you to organize your assets and liabilities as you wish.
In addition to keeping tabs on your net worth, Kubera can keep track of your insurance policies and securely store important documents.
Kubera costs $150 a year, which is one reason Personal Capital earns the top spot. That said, they are offering a $1 14-day trial.
Best for budgeting with spreadsheets
Tiller brings the world of budgeting to Google Sheets. It enables you to connect all of your financial accounts and then download the data into Google Sheets. It's ideal for those who prefer to work with spreadsheets rather than an app.
It comes with countless templates. The main templates track your budget on a monthly and yearly basis. For our purposes, it also comes with a net worth template.
I use Tiller to monitor our budget. While I use Personal Capital for everything else, including net worth, Tiller could serve that purpose for those who want everything in spreadsheets.
Tiller offers a 30-day free trial. After that, it costs $79 a year.
Best for budgeting with an app
If spreadsheets aren't your thing, YNAB (You Need a Budget) offers one of the best budgeting apps you'll find anywhere. I used it for years and found it to be an excellent tool, particularly for those struggling to live paycheck to paycheck.
One feature YNAB offers is a high level view of your net worth.
YNAB offers a 34-day free trial. After that it costs $14.99 a month or $98.99 a year.
Mint is one of the oldest budgeting apps still around. I used it for years when it came out, but more recently have found alternatives to Mint, like Personal Capital, to be a better option overall. Still, if you primary goal is budgeting (not tracking investments), Mint is a solid option.
Among other features, Mint tracks your net worth. You can link virtually all of your financial accounts to Mint. Once linked, you can track your net worth over time.
Mint is free, but does use an advertising model. As such, expect to see offers for financial products peppered throughout the user experience.
One of the first budgeting tools, and one that I remember using when it first came out, is Quicken. It is responsible for bringing personal finance into the digital age. Today, it seems to be a lot less popular, possibly because it moved to a subscription pricing model. Nevertheless, it is a solid budgeting tool that will track your net worth.
Quicken can provide a wealth of data about everything from spending to investments. On the downside, the user interface is not the best. As a result, Quicken is best for those who care more about data than how that data is presented. It's also why many have looked to Quicken alternatives.
Quicken's cost depends on the type of subscription you get, and ranges from $35.99 a year to about $100 a year.
7. New Retirement
The last net worth calculator on our list is New Retirement. This app is designed to help you plan for retirement and manage your money during retirement. It offers a wealth of tools covering everything from when to take social security to whether to convert a traditional IRA to a Roth IRA. And it tracks your net worth.
New Retirement is not the best choice if your only goal is to track your net worth. But if you also want to plan for your retirement, it's one of the best.
New Retirement offers a free plan. To take advantage of all of its features costs $96 a year.
Tracking your Net worth is simple. It's just a matter of adding up your assets (everything you own) and your liabilities (everything you owe). The different is your net worth.
You could use a simple spreadsheet to keep tabs on your assets and liabilities. I've done that for years. The tools listed above, however, make it much easier and offer additional tools to help you manage, track and evaluate your finances and investments.
Rob Berger is a former securities lawyer and founding editor of Forbes Money Advisor. He is the author of Retire Before Mom and Dad and the personality behind the Financial Freedom Show.