Net Worth Calculator
Please use this calculator to estimate the value of your Net Worth, which can be used in your financial calculations. This level of detail can be very helpful if you want to refine your money management to achieve your financial goals sooner.
Note: To see definitions of some of the following terms, view the Net Worth Glossary.
- Complete each row that applies to you.
- Enter whole numbers only (no decimals, cents, commas or dollar signs).
- Any fields left blank will be considered as a zero ($0) value.
- When you have completed all fields, click on "Submit".
Net Worth Glossary
Non-Registered Investment: - an investment which is not held in a tax sheltered (registered) plan such as an RRSP (Registered Retirement Savings Plan) or RRIF (Registered Retirement Income Fund) and for which income generated is taxable in the year that it is earned.
Registered Investment: - an investment that is held in a tax sheltered or deferred plan such as an RRSP (Registered Retirement Savings Plan), LRSP (Locked-In RRSP), RRIF (Registered Retirement Income Fund), LRIF (Locked-In RRIF), LIF (Life Income Fund), LIRA (Locked-In Retirement Account) or RPP (Registered Pension Plan).
Cash Assets: savings accounts, Redeemable GICs, Money Market Funds, etc.
Income Assets: Non-Redeemable GICs, Canada Savings Bonds, Other Bonds, Income Funds, Dividend Funds, Mortgage Funds, etc.
Growth Assets: Common Shares, Equity Funds, Stock Indexed GICs, etc.
Investment Loan: RRSP Loan, Loans to purchase Canada Savings Bonds, etc.
Professional Payments: Professional Association Membership Fees, Professional Licensing Fees, Professional Insurance Fees, etc.