Built for Canadian Investors
Unlike generic net worth trackers, this one understands the Canadian registered account structure — TFSA, RRSP, and FHSA — and how they relate to your path to financial independence.
TFSA
Tax-Free Savings Account. Growth and withdrawals are tax-free. The most flexible registered account.
RRSP
Registered Retirement Savings Plan. Contributions reduce taxable income; withdrawals are taxed.
FHSA
First Home Savings Account. Tax-deductible contributions, tax-free withdrawals for a first home.
Non-Registered
Taxable brokerage accounts, ETFs like VFV, XAW, XDIV — no contribution limits.
What is the FIRE Number?
Your FIRE number is the invested portfolio size that can sustain your lifestyle indefinitely through safe withdrawals. It's calculated as: Annual Expenses ÷ Safe Withdrawal Rate.
At a 4% SWR (the historical standard from the Trinity Study), $48,000 in annual spending requires $1,200,000 invested. Many Canadian FIRE seekers use 3.5% to account for sequence-of-returns risk and a longer retirement horizon.
Canadian-Specific Considerations
Canadian FIRE planning differs from American due to CPP (Canada Pension Plan) and OAS (Old Age Security) benefits, which reduce your required portfolio. Many Canadians model a "bridge" strategy — drawing down their RRSP before CPP/OAS kick in — to minimize lifetime tax paid.
How Often Should You Track?
Monthly is the gold standard. Hit "Save Monthly Snapshot" at the start of each month to build a historical record. Over time, the chart becomes one of the most motivating things in your financial life — you can literally see your wealth compounding.
Avoid daily tracking. Market noise causes anxiety and doesn't reflect your actual wealth-building progress. The trend is what matters.