Canadian Net Worth Calculator 2026
Add up everything you own and owe to find your net worth — then see how you compare to the Canadian median for your age group.
Canadian Net Worth by Age (2023)
| Age Group | Median Net Worth | Average Net Worth |
|---|---|---|
| Under 35 | $91,800 | $169,000 |
| 35–44 | $234,400 | $566,200 |
| 45–54 | $523,700 | $1,124,900 |
| 55–64 | $728,200 | $1,507,200 |
| 65+ | $601,000 | $1,278,300 |
Source: Statistics Canada, Survey of Financial Security (SFS) 2023.
Tips to Build Net Worth Faster
TFSA and RRSP growth is tax-sheltered. Every $1 inside these accounts builds net worth faster than a taxable account earning the same return. Max your TFSA ($7,000/yr) and RRSP (18% of prior year income) before investing non-registered.
Credit card debt at 19.99% is a guaranteed -20% return on net worth. Pay off credit cards and high-rate personal loans before anything else. Then attack student loans; consider investing vs. prepaying your mortgage once rates are below ~5%.
Your home is a large part of the median Canadian's net worth, but it generates no income and you can't easily access the equity. Build financial assets (registered and non-registered investments) alongside your home equity for a balanced net worth picture.