Invested Canadian

Net Worth Calculator for Canadians

Add up what you own and subtract what you owe to see your net worth today, then compare it to Canadians your age. Built for Canadians, in Canadian dollars, with no signup.

Add up your snapshot
Enter what you own and what you owe. Your net worth updates as you type.
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What you owe
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About you

Used only to compare your net worth with Canadians of a similar age.

years
Your net worth today

$330,000

$705,000 in assets minus $375,000 in debts. That puts you around the 62nd percentile for Canada at age 40, where the median is $280,280.

Assets$705,000
  • Cash and savings $15,000
  • TFSA $40,000
  • RRSP $60,000
  • Non-registered investments $20,000
  • Home value $550,000
  • Vehicles $20,000
Debts$375,000
  • Mortgage $350,000
  • Credit cards $3,000
  • Student loans $10,000
  • Car loans $12,000

Comparison uses Statistics Canada median net worth by age. Your inputs stay in your browser and in this page's URL, so only share the link if you are comfortable.

Net worth by age
You: $330,000, 62nd percentile at age 40 in Canada

How net worth is calculated

Net worth is a simple subtraction: everything you own minus everything you owe. Your assets include cash, your TFSA and RRSP, other investments, your home, and vehicles. Your debts include your mortgage, loans, and credit card balances. The difference is your net worth, positive or negative.

Unlike our FIRE calculators, this is a snapshot rather than a projection. It does not grow your money forward; it tells you where you stand right now, which is the first number worth knowing before you plan anything else.

How you compare in Canada

A net worth number is easier to make sense of with context. This calculator compares yours to Statistics Canada's median net worth for your age, so you can see roughly where you land rather than guessing against a generic target. Net worth usually climbs with age as people pay down mortgages and their investments grow, which is why comparing within your own age group is the fair way to read it.

Tips for an accurate snapshot

Use current market values, not purchase prices, especially for your home and vehicles. Enter your home's full value as an asset and the mortgage as a debt so equity is captured once, not twice. Registered accounts like RRSPs are counted at face value here even though withdrawals are taxable later, so keep that in mind when you read the total.

Frequently asked questions

What is net worth?
Net worth is everything you own minus everything you owe. Add up your assets, such as cash, investments, home equity, and vehicles, then subtract your debts, such as your mortgage, loans, and credit card balances. The result is a single snapshot of where you stand financially today.
What should I include as assets?
Include cash and savings, your TFSA, RRSP, and non-registered investments, the current market value of your home and any other property, and vehicles worth a meaningful amount. Use realistic resale values, not what you paid. Personal items like furniture are usually left out unless they are genuinely valuable.
Should I use my home's value or my home equity?
Enter the full market value of your home as an asset and your remaining mortgage as a debt. The calculator subtracts one from the other, so your home equity is captured automatically. Entering equity in one box and also listing the mortgage would double-count it.
What counts as good net worth in Canada?
There is no single right answer, since it depends on your age, income, and where you live. This calculator compares your number to Statistics Canada's median net worth for your age, which is a more useful benchmark than a flat target. Net worth also tends to rise with age, so comparing within your age group matters.
Is my information saved?
Your figures are processed in your browser and are not sent to an account or stored on a server. They are also encoded into the page URL so you can bookmark or reopen your snapshot, so only share that link if you are comfortable with the amounts being visible.

Keep going

Once you know your net worth, see the full picture on the Invested Canadian dashboard, which compares your income and net worth to other Canadians. If you are planning for retirement, our FIRE calculator and Coast FIRE calculator project where today's number could take you.