Average Net Worth by Age 30 in Canada (2026 Benchmarks)
By Wealthvieu
·
Updated
The average net worth at age 30 in Canada is $90,000-$120,000. The median is $50,000-$75,000. Here’s how you compare.
Net Worth Benchmarks at Age 30
| Percentile |
Net Worth |
| Top 10% |
$250,000+ |
| Top 25% |
$125,000-$250,000 |
| Average |
$90,000-$120,000 |
| Median (50th) |
$50,000-$75,000 |
| Bottom 25% |
$10,000-$50,000 |
| Bottom 10% |
Negative or $0 |
Net Worth Targets by Salary
| Annual Salary |
Target (1x Salary) |
| $50,000 |
$50,000 |
| $60,000 |
$60,000 |
| $75,000 |
$75,000 |
| $100,000 |
$100,000 |
| $120,000 |
$120,000 |
The 1x rule: Have your annual salary saved by 30.
Common Financial Situations at 30
| Situation |
Typical Net Worth |
| Student debt still being paid |
$30,000-$70,000 |
| No home, maxing TFSA/RRSP |
$75,000-$150,000 |
| Homeowner with mortgage |
$100,000-$200,000 (equity-based) |
| High earner, no debt |
$150,000-$300,000 |
| Trades, 8+ working years |
$100,000-$200,000 |
Sample Net Worth at 30
Example: Median 30-year-old
| Asset/Liability |
Amount |
| TFSA |
$35,000 |
| RRSP |
$20,000 |
| Savings |
$10,000 |
| Car value |
$12,000 |
| Total Assets |
$77,000 |
| Student loan |
-$8,000 |
| Car loan |
-$4,000 |
| Total Liabilities |
-$12,000 |
| Net Worth |
$65,000 |
Homeowner vs Renter Net Worth
| Situation |
Assets |
Liabilities |
Net Worth |
| Renter, investing |
$120,000 |
$10,000 |
$110,000 |
| Homeowner |
$600,000 (home) |
$480,000 (mortgage) |
$120,000 |
Home equity can inflate net worth, but liquidity differs.
How to Catch Up by 30
If you’re behind, focus on:
| Priority |
Monthly Target |
| Max TFSA |
$583/month ($7,000/year) |
| RRSP contributions |
$500-$1,000/month |
| Emergency fund |
Until 3-6 months covered |
| Debt payoff |
Above minimums |
Growth From 25-30
| Starting at 25 |
Monthly Contribution |
Net Worth at 30 |
| $10,000 |
$500 |
~$52,000 |
| $20,000 |
$750 |
~$78,000 |
| $30,000 |
$1,000 |
~$105,000 |
Consistent contributions matter more than starting amount.
Are You on Track?
| Your Net Worth |
Status |
| $100,000+ |
Ahead of average |
| $60,000-$100,000 |
On track |
| $30,000-$60,000 |
Below average but recoverable |
| Under $30,000 |
Need aggressive catch-up |
Key Wealth Builders by 30
- Maximize TFSA — $102,000 room if eligible since 2009
- Start RRSP — Especially with employer match
- Home purchase — If it makes sense in your market
- Career growth — Income is the biggest wealth driver
- Avoid lifestyle inflation — Save raises, not spend them
