Question 1

What is net worth?

Accepted Answer

Net worth is the value of everything you own (assets) minus everything you owe (liabilities). In Singapore: assets include CPF balances, bank savings, investments, property market value, and vehicle resale value. Liabilities include outstanding home loan, car loan, personal loans, and credit card balances. A positive net worth means you own more than you owe.

Question 2

Should I include CPF in my net worth calculation?

Accepted Answer

Yes — CPF (OA, SA/RA, MA) is part of your net worth. It's money you own, even if access is restricted by CPF rules. Many Singaporeans are surprised to find CPF is their largest single asset. For retirement planning, also track your 'liquid net worth' separately — that's everything outside CPF and property equity that you can access freely.

Question 3

How often should I calculate my net worth?

Accepted Answer

Quarterly is ideal for most people — frequent enough to catch trends, not so frequent that market volatility causes anxiety. Use a consistent date (e.g., end of every quarter) and method so comparisons are meaningful. Annual net worth tracking is the minimum recommended.

Question 4

What is a good net worth for my age in Singapore?

Accepted Answer

Singapore benchmarks vary widely by age and property ownership. A rough guide: age 30 → S$100K–200K, age 40 → S$400K–800K, age 55 → S$700K–1.5M+ (including HDB equity and CPF). However, median figures are heavily influenced by property owners. Without property, focus on: CPF + investments ≥ 1× annual salary at 30, scaling to 10× by retirement.

Question 5

What is debt-to-asset ratio and what's acceptable?

Accepted Answer

Debt-to-asset ratio = total liabilities ÷ total assets × 100%. A ratio below 30% is generally healthy. A home loan can push this temporarily to 50–70% in your 30s — that's normal if the asset (property) is appreciating. The key risk is when debts are for depreciating assets (cars, credit cards). Target <20% ratio by age 50.

Net Worth Calculator Singapore 2026

Cash & Savings

CPF

Investments

Property & Other

What to Include in Your Net Worth

Frequently Asked Questions

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