Net Worth Calculator Canada

Your net worth is the single most important number in personal finance. Calculate yours and see how you compare to Canadians your age.

Net worth = Assets − Liabilities. It's the clearest snapshot of your financial health — more meaningful than income, because it reflects what you actually own versus what you owe. Calculating yours regularly (at least annually) is one of the most important financial habits you can build.

Canadian Net Worth Calculator

Assets (What You Own)

Primary Home (market value)

Other Real Estate

RRSP / RRIF

TFSA

FHSA

Non-Registered Investments

Pension (commuted value)

Savings / Chequing

Vehicles (current value)

Other Assets

Liabilities (What You Owe)

Mortgage Balance

HELOC / Home Equity Loan

Car Loan

Student Loan

Credit Card Balances

Personal Loan

Other Debt

Your Net Worth

Total Assets

Total Liabilities

Average Net Worth by Age in Canada

Age Group	Median Net Worth	Average Net Worth
Under 35	$48,000	$110,000
35–44	$234,000	$466,000
45–54	$453,000	$786,000
55–64	$690,000	$1,100,000
65+	$715,000	$1,200,000

Source: Statistics Canada Survey of Financial Security. Median is more representative than average as it is not skewed by ultra-high-net-worth households. Values approximate for 2024.

Track It Regularly: Calculate your net worth at least once per year (many people do it quarterly). Watching the number grow — even slowly — is one of the most motivating things you can do for your financial health.

How to Increase Your Net Worth

Net worth grows when your assets grow faster than your liabilities. Three levers:

Pay down debt: Every extra mortgage payment, car loan payment, or credit card payoff directly increases net worth
Grow investments: Regular RRSP, TFSA, and non-registered contributions compound over time
Increase income: More income means more ability to save and invest

Track your savings rate to see how much of your income is going toward net worth growth each month.

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