# Net Worth Calculator

## 11 comments on “Net Worth Calculator”

1. The Jan 2015 Wealth Test article defines “wealth” (p. 54, para. 3) as including company pensions. How do I calculate my DB pension’s value (cash flow 60K per year)? The net worth calculator on your website does not help with this. Many thanks for a great magazine and advice! DKM

• Approximate your pension worth as follows
For every \$100 in monthly pension you would need about 18,000 in investments
For 60,000 year, or \$5000 month you would calculate your pension for net worth at \$900,000
500 x \$18000=900000
This from a Canadian retirement blog

2. I wish that this provided a breakdown by age as well. Being in my 20s, of course my net worth is not going to be as high as someone in their 50s, but it would be great to get a baseline, aside from seeing that I’m in the bottom 20%.

3. I found this difficult to use;
Property – Home + rental or both?
Pension – ex-Federal – can do monthly/annually WHICH?
Should CASH be reported in “non registered”?
Other assets – Rental Property?

• Hi B.,
Property: Add value of both if you own both
Pension: Estimated total value
Cash: Non-registered
Consider this quick calculator a jumping off point for further research.
Thanks!

4. Would be nice to index by age and by province. Both are relevant factors and both have the necessary data available.

• I agree, it would be nice to have this break down by age and even better if location was also included. That would be much more good indication of where you stand out against your peers

5. This is a neat little tool to see how you stack up with the rest of Canada. It would be interesting to see a breakdown of net worth for different age groups. I rank low when compared to the entire adult population of Canada, but I’m sure I have an above average net worth when compared to people my age. It would be a good addition for the next generation Net Worth Calculator.

6. This calculator does not work correctly…when an amount is entered it reverts to 0

7. Silly little calculations. A person \$67,000 is the same as someone making \$260,000?
Uh, ok.