Net Worth Tracker
Assets minus liabilities — with StatCan age-percentile benchmark and profile aggregator.
Assets
Liabilities
Assets vs Liabilities Breakdown
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About the Net Worth Tracker
What is net worth?
Net worth is the single most important number in personal finance: everything you own minus everything you owe. It is your true financial scorecard — unlike income, which is a flow, net worth is a stock. A high income with high spending produces no net worth; a moderate income with disciplined saving grows it steadily.
Liquid vs total net worth
Total net worth includes illiquid assets — primarily your home and vehicles — that you cannot easily convert to cash. Liquid net worth strips those out, leaving only the assets you could actually access in an emergency. A homeowner with $800,000 total net worth but only $20,000 in liquid assets is in a very different position than someone with $400,000 in total net worth and $300,000 in liquid investments.
The StatCan benchmark
The age-group medians are from Statistics Canada's Survey of Financial Security (SFS) 2023, Table 11-10-0058-01, published January 2025. They represent median family net worth, not individual — so if you are filing taxes as a single-person household, the comparison is still directionally useful but slightly different in character. The benchmark is meant to be orienting, not prescriptive: your retirement timeline, risk tolerance, and goals determine what your net worth should be, not Statistics Canada.
Why the mortgage is excluded from the liquid liability side
When we calculate liquid net worth, we exclude your home from assets and your mortgage from liabilities. This is the standard approach because the mortgage is structurally tied to the illiquid home. If you had to liquidate in an emergency you would sell the home, pay off the mortgage, and pocket the equity — which is already captured in your total net worth figure.
Not financial advice. Net worth calculations are estimates. RRSP balances are pre-tax; actual after-tax value depends on your marginal rate at withdrawal. Home values are estimates; use a current appraisal or comparable sales for accuracy. All calculations happen in your browser — no input data is sent to any server.
Related calculators
- Mortgage Calculator (Canada) — Calculate your mortgage payment and term-end balance.
- Debt Payoff Planner — Pay down the liabilities side of your net worth faster with avalanche or snowball order.
- Retirement Projection — Project your net worth to age 65 with CPP + OAS.
- Emergency Fund Calculator — Size your safety net based on monthly expenses.
- TFSA vs RRSP — Which account grows your net worth faster at your marginal rate.
Frequently asked questions
How is net worth calculated?
Net worth is everything you own minus everything you owe: total assets (cash, TFSA, RRSP, FHSA, RESP, non-registered investments, home value, vehicles, other assets) minus total liabilities (mortgage, car loan, credit cards, student loan, line of credit, other debts). Unlike income, which is a flow, net worth is a stock — it is your financial scorecard at a single point in time.
What counts as an asset or liability in this calculator?
Assets are grouped into cash & investments (chequing/savings, TFSA, RRSP, FHSA, RESP, non-registered accounts) and real assets (home value, vehicles, other assets like business equity or crypto). Liabilities include your mortgage balance, car loan, credit cards, student loan, line of credit, and other debts. RRSP balances are entered pre-tax; the after-tax value depends on your marginal rate at withdrawal.
What is liquid net worth, and why does it matter?
Liquid net worth strips out your illiquid real assets — home and vehicles — leaving only what you could actually access in an emergency. The mortgage is also excluded from the liability side of this calculation, since it is structurally tied to the illiquid home: if you sold the home, you would pay off the mortgage and pocket the equity, which is already reflected in your total net worth. Two people can have the same total net worth but very different liquid positions — this tool shows both side by side.
What is the StatCan age-group benchmark based on?
The comparison uses median family net worth by age of major income earner from Statistics Canada's Survey of Financial Security (SFS) 2023, Table 11-10-0058-01, published January 2025. These are median family figures, not individual — so if you are a single-person household the comparison is still directionally useful but not a perfect match. It is meant to orient you, not prescribe a target: your own timeline, risk tolerance, and goals determine what your net worth should be.
Why is my debt-to-asset ratio important?
Debt-to-asset ratio is total liabilities divided by total assets. As a rough guide, under 50% is generally healthy, over 80% is a warning sign, and 0% means no debt. It is a quick way to see how leveraged your balance sheet is, alongside the total and liquid net worth figures.