How do your savings compare?
Three numbers, two honest answers: how your savings stack up against people your age in Canada or the US, and your runway, how long they would carry you. From official survey data. Nothing you type is stored.
Your bank accounts, TFSA and any other investments. Leave out RRSPs and pensions.
Everything: rent or mortgage, bills, groceries, the rest. A rough figure is fine.
Nothing you type here is stored or sent anywhere.
You’re $5,700 below the middle
How long your savings would cover your spending if your income stopped today.
That is inside the usual 3 to 6 month safety cushion.
That’s your savings. Your bank statement shows the rest: where your money goes, and the first thing to change. Upload one statement, free.
Median per household, among those who have any. Source: Statistics Canada, Survey of Financial Security 2023.
Where these numbers come from
Canada: Statistics Canada’s 2023 Survey of Financial Security, savings and investments outside retirement plans, per household. United States: the Federal Reserve’s 2025 Survey of Consumer Finances, checking and savings accounts, per family. The two surveys count different things, so each country is compared on its own measure. For the full tables, read average savings by age in Canada.
Frequently asked questions
How much savings is normal for my age in Canada?
Going by Statistics Canada’s 2023 Survey of Financial Security, the middle household where the main earner is under 35 holds about $15,700 in savings and investments outside retirement plans, rising to $21,000 at 35 to 44, $25,200 at 45 to 54, $30,800 at 55 to 64 and $50,000 at 65 and over. RRSPs and pensions are counted separately.
How much savings is normal for my age in the US?
Going by the Federal Reserve’s 2025 Survey of Consumer Finances, the middle family headed by someone under 35 has about $5,000 in checking and savings accounts, $6,600 at 35 to 44, $9,400 at 45 to 54, $10,000 at 55 to 64 and at 65 to 74, and $14,000 at 75 and over. Retirement accounts are counted separately.
Why do you compare with the median, not the average?
The median is the household right in the middle: half have more, half have less. An average gets pulled up by a small number of very large balances, so it describes almost nobody.
How big should my emergency cushion be?
In Canada, the Financial Consumer Agency of Canada suggests 3 to 6 months of your regular expenses. In the US, three months of expenses is the measure the Federal Reserve uses in its household survey. This calculator shows how many months your savings would cover.
Finally provides information to help you understand your finances. It is not personalized financial advice.