---
title: Average net worth by age in Canada: Are you on track?
url: https://wealthscout.app/updates/average-net-worth-by-age-canada
category: Net worth
updated: 2026-08-23
---

# Average net worth by age in Canada: Are you on track?

Source: https://wealthscout.app/updates/average-net-worth-by-age-canada

Canadian household net worth grows steadily with age, peaking at $873,400 between ages 55 and 64. While the StatCan median provides a useful official benchmark, it is heavily skewed by housing equity. Tracking your own specific household figures is the only way to forecast your financial future.

## Takeaways

- The median Canadian household wealth is a far more accurate benchmark than the average, which is heavily skewed by ultra-wealthy homeowners.
- A high net worth percentile means very little if your wealth is entirely trapped in an illiquid property.
- With housing affordability at crisis levels in Toronto and Vancouver, regional context is vital when assessing your financial progress.

**Scope.** This guide references broad StatCan statistical trends. Exact figures change with each reporting cycle. Do not use national averages as financial advice or as a definitive measure of your financial security.

## Move from comparison to forecasting


## Questions

## Sources

- [Survey of Financial Security (2023)](https://www150.statcan.gc.ca/n1/daily-quotidien/241017/dq241017b-eng.htm) — Statistics Canada (StatCan)