Net Worth Calculator

Net worth

The whole thing is one subtraction: net worth = total assets − total liabilities. Assets are what you own at today's market value; liabilities are the balances you still owe. It can be negative, a fresh graduate with student loans and no savings has negative net worth, and that's completely normal.

Net worth vs. income

Income is what flows in; net worth is what you keep. Two people earning the same salary can have wildly different net worth depending on how much they spend, save and owe.

Liquid net worth

We define liquid net worth = financial assets − consumer debt, where financial assets are cash, TFSA, RRSP/pension, FHSA and other investments, and consumer debt is every debt except the mortgage: lines of credit (a HELOC included), car loans, credit cards, student loans and other debt. It deliberately excludes your home, your vehicles, your other assets (a business, a cottage, collectibles) and your mortgage. You can't spend a house or a business stake, so this is roughly what you could put your hands on in a crunch without selling property. Treat it as an upper bound: RRSP and FHSA withdrawals are taxed, and a pension's commuted value is usually locked in until retirement.

Debt-to-asset ratio

debt-to-asset = total liabilities ÷ total assets. The label under the figure reads comfortable at 35% or less, moderate from 35% to 50%, meaningfully leveraged over 50% and very leveraged over 80%. A homebuyer early in a mortgage can be well above 50% while still being on track. Watch it fall over the years as you pay down debt and assets grow.

How your net worth adds up

The bridge chart is a running total. It starts at zero, adds each financial asset (green) and subtracts each consumer debt (red) to reach your liquid net worth, the first blue bar. It then adds your home, subtracts your mortgage and adds vehicles and other assets to reach your net worth, the last blue bar: net worth = liquid net worth + home − mortgage + vehicles + other assets. Categories left at zero are skipped, and it reads the same way when net worth is negative. The two composition donuts show each category's share of your assets and of your debt; the palette has six colours for seven asset categories, so vehicles and other assets share one slice there (the bridge chart and the CSV keep them apart).

The house-rich caveat

In pricey markets it's easy for home equity to become 80–90% of your net worth. On paper you're wealthy; in practice a job loss or a new roof can be a crisis if your liquid savings are thin. When home equity dominates and liquid net worth is small, the tool flags it, the fix is an emergency fund and diversified investments growing alongside the mortgage.

The benchmark

Medians come from Statistics Canada's Survey of Financial Security, 2023 (its most recent, released October 2024), by age of the main income earner: $159,100 under 35, $409,300 for 35–44, $675,800 for 45–54, $873,400 for 55–64, $738,900 for 65+, and $519,700 across all families. They skew high because they include large amounts of home equity and pension value. The comparison chart draws each median as a bar, outlines your age band and marks your net worth with a line. Two cautions: the medians are in 2023 dollars and are not adjusted for inflation since, so a figure entered today compares a little generously; and they describe whole families by the age of the major income earner, so a couple should compare their combined net worth.

Tracking cadence

Update quarterly. That's frequent enough to catch a trend and rare enough to ignore day-to-day market noise. The over-time chart appears once you have two snapshots and draws one point per snapshot in date order, evenly spaced; if your snapshots are not evenly spaced in time, the slope between them is not to scale, and the chart says so. The CSV includes every saved snapshot, so export one for a permanent record, and use the budget calculator and FIRE calculator to turn the trend into a plan.

What this doesn't model

It doesn't estimate your home's value, project future growth, adjust for inflation, or account for tax owing on registered accounts (an RRSP is worth less after the tax due on withdrawal). Enter your best current market values and revisit regularly. Rules and figures confirmed as of July 2026.