Finally! A Canadian Net Worth Comparison Tool

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– April 26, 2011Posted in: Money

I always find and use American ones, but it’s nice to find a Canadian one for a change.

Read: Net worth by age or income: What should it be?

This one is from Royal Bank Canada and it still doesn’t account for gender and/or age, but it’s still something.

I also like that you can choose different provinces to see the changes.

Note: You have to use the sliders at the bottom to select the amounts, you can’t type in the numbers in the fields!

Check out the calculator here.

Thanks to Gail for the link

What should your Net Worth be? Net worth by age and by income.

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Tags: calculator, Canada, Household Status, Income, Net Worth, Royal Bank Canada

About the Author

Just a girl trying to find a balance between being a Shopaholic and a Saver. I cleared $60,000 in 18 months earning $65,000 gross/year. Now I am self-employed, and you can read more about my story here, or visit my other blog: The Everyday Minimalist.

http://diggingoutandup.blogspot.com Cassie

I look forward to when they put more detailed Canadian comparisons online. My eyes bugged out for a moment when I saw the results. I had to remind myself (like you mentioned) that they weren’t accounting for age anywhere.

It is interesting though that I have less credit card debt than the average Canadian single. I’ll take my one plus there

http://www.FabulouslyBroke.com FB @ FabulouslyBroke.com

If only someone would come up with something that took into account age in
addition to income and so on.

Wonder if there are stats like that out there.

http://diggingoutandup.blogspot.com Cassie

I’m almost certain StatsCan has that information, its just that no one has created a calculator for it yet.

http://www.FabulouslyBroke.com FB @ FabulouslyBroke.com

I’ll head on over there and see what I can dig up. The last stats I saw were
from 2006 :

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