CA Tax Tools

Net Worth Calculator

Track assets and debts across TFSA, RRSP, RESP, non-registered, and more. Get personalised Canadian tax-optimisation tips based on your contribution room, age, and marginal rate.

Net Worth

$340,000

Assets

$750,000

Liabilities

$410,000

Debt / Asset

55%

Liquidity

9% liquid

Tax-Advantaged %

83%

Assets
Liabilities
Your Situation
Asset Allocation
Cash & savings$10,000 · 1%
TFSA$40,000 · 5%
RRSP$60,000 · 8%
Non-registered$20,000 · 3%
Primary home$600,000 · 80%
Vehicles$20,000 · 3%
Tax Optimization Tips
  • You have $15,000 of RRSP room. Contributing now at 30% saves tax today — withdraw at a lower rate in retirement.

    RRSP calculator

    Est. value: ~$4,500/yr

  • You have $20,000 of TFSA contribution room. TFSA contributions grow tax-free and can be withdrawn tax-free at any time.

    TFSA calculator

    Est. value: ~$300/yr

Frequently asked questions

What counts as net worth?

Net worth = total assets (cash, TFSA, RRSP, RESP, non-registered, home, vehicles) minus total liabilities (mortgage, student loans, credit cards).

Should I include my home?

Yes — include market value. The home is illiquid; real estate commissions and land transfer taxes on replacement cost 5-8%. The liquidity ratio separates liquid assets.

Tax-advantaged % by age?

Under 30: aim for 70%+ (TFSA + RRSP). 30-44: 60-70%. 45-59: 50-60%. 60+: drawdown order matters more. Max TFSA ($7,000/year in 2026, cumulative $109,000 since 2009) then RRSP.

How do I improve tax-advantaged %?

TFSA room: $7,000/year (accumulated since 2009 = $109,000 if always eligible). RRSP room: 18% of prior-year earned income up to $32,490 (2026). RESP: 20% CESG grant up to $500/yr per child.

What CA account types are tax-advantaged?

TFSA (after-tax in, tax-free growth, tax-free withdrawals). RRSP (pre-tax in, tax-deferred, taxed on withdrawal). RESP (tax-deferred + CESG grant). FHSA (first home savings, combines TFSA+RRSP benefits). Principal residence (exempt from capital gains).

Related Calculators

Last updated April 19, 2026Tax year 2026

Data sources: CRA (canada.ca)

This tool is general information only, not financial advice.

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