Net Worth Calculator

The only formula

Net worth = total assets − total debts. Assets: home (market value), RRSP/pension, TFSA/FHSA, cash, taxable investments, vehicles at resale value. Debts: mortgage balance, car loans, student loans, credit cards, lines of credit. Income doesn't appear anywhere — net worth measures what you kept, not what you earned.

Why we show liquid net worth separately

Home equity is real wealth but illiquid — you can't eat drywall. Liquid net worth (cash + all investments, minus non-mortgage debts) is the number that handles emergencies and opportunities. A household with $500,000 of net worth entirely in home equity and $2,000 in the bank is rich on paper and fragile in practice.

The trajectory matters more than the snapshot

The projections above compound your current assets at your growth assumption and add your monthly savings. The curve is back-loaded — savings dominate early, compounding dominates later — which is why the first years feel unrewarding and the later years feel automatic. Benchmarks by age are in our net worth by age guide; the mechanics of the growth are in the compound interest calculator.

What to fix first

• Credit card balances — a guaranteed ~22% return when eliminated; see the credit card payoff calculator
• An emergency fund — 3–6 months in a HISA before aggressive investing (how much you need)
• Registered accounts before taxable — TFSA/RRSP/FHSA ordering covered in RRSP vs TFSA
• Recalculate quarterly — the trend is the report card, not the number