Total assets minus liabilities — the fundamental measure of your financial health.
FinCalc Smart.
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Financial Calculator
Assets & Liabilities
Assets
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Liabilities
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Results
Total Assets
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Total Liabilities
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Net Worth
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Debt-to-Asset Ratio
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Financial Assets
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Home Equity
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Understanding Net Worth
Net Worth = Total Assets − Total Liabilities. Track it annually — consistent growth means you're building wealth. Negative net worth is common early in life (student loans, new mortgage) but should improve over time.
Median Net Worth by Age (Canada 2023)
Age Group
Median Net Worth
Under 35
~$82,000
35–44
~$340,000
45–54
~$561,000
55–64
~$782,000
Frequently Asked Questions
Your RRSP balance will be taxed on withdrawal. For a more accurate picture, reduce your RRSP by your expected marginal rate in retirement (e.g., 30% rate → $100,000 RRSP = ~$70,000 after-tax net worth). TFSA and Roth IRA can be counted at full face value since withdrawals are tax-free.
A common rule: net worth should equal your age × your annual income ÷ 10. So at age 40 earning $100K, target is $400K. This is a rough guide — real estate values, city of residence, and life stage matter enormously.
Three levers: (1) Increase income, (2) Decrease liabilities (debt payoff), (3) Let investments compound. Eliminating high-interest debt (credit cards at 20%+) is the highest guaranteed return available.
⚠️ RRSP/401k values are pre-tax. Actual after-tax net worth is lower. Not financial advice.