The average net worth by age in Canada in March 2022

Vancouver, Toronto, Calgary

2022/03/16

Your net worth is your total assets minus your total liabilities. The most common types of assets: Family homes: $400K Retirement assets: ~ $159K Vehicles: $17K Financial assets: $14K The most common types of liabilities in Canada: Mortgages: $180K Vehicle loans: $18K Student loans: $12K Lines of credit, credit cards, and other instalment debt: $7K Canadian net worth by age group: < 35: $49K 35-44: $234K 45-54: $521K 55-64: $690K > 65: $543K