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A useful starting point

Net worth calculator for Canada.
Without connecting a thing.

Add your RRSPs, TFSAs, FHSAs, account-based workplace pensions, other investments, and property. Subtract outstanding debt. Start in CAD, with no signup or bank connection.

Start calculating

Use current balances, once each.

Enter current account values, not contribution or participation room. An RRSP, TFSA, or FHSA total already includes its cash and investments. Count each balance once, including transfers and group RRSPs. Convert foreign balances yourself; this tool does not fetch exchange rates.

Use current owned defined-contribution pension balances. Put RRIFs, LIRAs, LIFs, PRPPs, VRSPs, and DPSPs not counted above in Other registered retirement accounts. Exclude unvested amounts. This method excludes the capital value of defined-benefit rights and future CPP, QPP, and OAS income. It is not directly comparable with national wealth figures that include defined-benefit rights.

Expand the optional asset section for named RESP, RDSP, and insurance cash-value rows. Check subscriber, holder, and beneficiary rights within your individual or household scope; these balances are not automatically the parent’s personal money. Use insurance cash surrender value, not the death benefit. The guide explains restrictions and entry choices.

Enter your share of gross property value and outstanding mortgage or HELOC debt separately. Use actual loan balances, not monthly payments, unused credit limits, or expected future forgiveness. Read the Canada guide for the method and sources.

Account values are before future withdrawal taxes or charges. This is not an after-tax spending, eligibility, contribution-limit, or HBP repayment calculator. Include actual tax owed under Other debt; keep HBP repayments to your own savings distinct from outside loans.

Read the Canada valuation guide and source limits →

Currency

One currency for all balances. Amounts are not converted.

CAD — Canadian Dollar

162 matching options

Blank fields are omitted. Enter 0 for a confirmed zero balance. Use up to 3 decimal places. Plain digits and comma groups such as 1,00,000 or 100,000 are accepted.

What you own Assets

Positive chequing, savings, and standalone GIC/deposit balances outside the accounts below. Enter overdrafts under Other debt.

Current account values, including group RRSPs. Use balances, not contribution room, and do not add the investments inside them again.

Current cash and investment TFSA values, not contribution room. Exclude these balances from cash and other investment totals.

Current account values, not participation room or a future tax deduction. Count transferred funds in one account only.

Current owned workplace pension account values outside RRSPs. Exclude defined-benefit income and CPP, QPP, or OAS forecasts.

Current owned RRIF, LIRA, LIF, PRPP, VRSP, and DPSP balances not entered above. Exclude unvested amounts and count transfers once. Restricted balances are not available cash.

Gross investment and cash values outside registered accounts and other entries. Enter margin borrowing under Other debt; do not use net equity and subtract the same loan again.

Your ownership share of current value before the mortgage. Enter mortgage and home equity debt separately.

Vehicles, bonds, business & other assets

Optional. Count each asset in one field or named row only. Collapsing this section keeps entered values in the total.

Your ownership share of current resale value. Enter vehicle debt separately.

Current value of bonds not already included in an investment account total.

A supportable current estimate of your ownership interest. Do not also count its underlying assets.

Assets not counted in another field or named row. Use your ownership share and the selected currency.

Named asset rows

Keep up to 20 separate holdings. These use the Other Asset journal category. Leave a new row entirely blank to omit it.

What you owe Liabilities

Your share of outstanding mortgage and HELOC balances, not payments or unused credit limits.

Current federal, provincial, territorial, and private study-loan balances. Count combined statements once, not again with their components. Exclude payments and assumed future forgiveness.

The amount owed on the valuation date.

Overdrafts, margin loans, vehicle/personal loans, credit lines, tax owed, and instalment balances not entered above. Exclude debt already deducted from an asset value.

Your position, in one currency

Assets minus liabilities.

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Enter at least one balance to see your position.

Total assets
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Total liabilities
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A negative result means the debts you entered exceed the assets you entered. It is a financial position, not a score.

Expand the optional asset section for vehicles, bonds, business interests, and named holdings. Collapsed fields still count toward the total. Use one currency and count each holding only once.

Review before saving: confirming adds new holdings and a current-month checkpoint. It does not update existing holdings. Already keeping a journal? Update your recorded balances there instead to avoid duplicates.

A worked Canada example

Synthetic sample figures in CAD, using one ownership scope and valuation date. These figures do not fill or change your calculator.

Cash CA$20,000 + RRSPs CA$100,000 + TFSAs CA$50,000 + defined-contribution pension accounts CA$40,000 + non-registered investments CA$90,000 + property CA$400,000. The FHSA balance is a confirmed zero. Subtract mortgage debt of CA$280,000, student loans of CA$20,000, and card debt of CA$5,000.

CA$700,000 assets − CA$305,000 debts = CA$395,000 net worth.

This is total net worth, not immediately available spending money. The example stays in CAD even if you choose another calculator currency.

See the full example and valuation assumptions →

How to calculate net worth

Add the current value of the assets you own, then subtract outstanding debt. Use one valuation date and one currency. For shared property, include your ownership share and your share of the loan separately.

The calculator accepts up to 1,000,000,000,000 per field. Totals retain up to three decimal places; the displayed currency may round them. It does not estimate tax, investment returns, or spending capacity.

For example, assets of 500,000 and liabilities of 200,000 give net worth of 300,000. Avoid counting both an account total and the investments inside it.

Read the worked net worth guide →

What happens to the numbers?

Entered values are not uploaded. Continuing passes a local draft to a review screen. Nothing is added to the journal until you confirm. Confirmed records stay in this browser without account sync; export backups regularly from More. Local records and backup files are not encrypted. The draft can remain in this tab’s navigation history. Close the tab when you finish on a shared device.

Read Data & privacy for browser storage and backup limits.

Keep a record after the calculation

This result describes one date. For a history, use the free Excel or Google Sheets net worth template, or follow the manual tracking walkthrough to save journal checkpoints. If you are deciding between them, compare the spreadsheet and app workflows.

A few calculation questions

What is the formula for net worth?

Net worth = total assets − total liabilities. Assets are things you own with financial value. Liabilities are amounts you owe. Use current values for the same date and currency.

Check what belongs in each total.

Should I include my home and mortgage?

For a broad personal balance sheet, include your ownership share of the home’s current estimated value. Include your share of the remaining mortgage separately as debt. Do not enter home equity and then subtract the mortgage again.

Should retirement accounts be included?

Current retirement account balances can count toward total net worth, even when access is restricted. Do not add projected future contributions or a promised future income as a current account balance. Liquid net worth uses a narrower asset set.

How often should I calculate net worth?

A monthly or quarterly checkpoint is a useful starting point for a long-term record. Choose a repeatable interval that helps you understand changes without constant monitoring. Compare recording intervals.

Is the calculator private?

Calculations run locally. Values are not sent to an analytics service or application server. They are not saved to the journal unless you continue and confirm. Clear the values or close the tab after use on a shared device. Hosting requests still reach Cloudflare.