Where you stand
Average net worth at 71 in Canada
How household net worth compares at age 71, based on Statistics Canada's Survey of Financial Security. Net worth is assets minus debts. Type your number to find your percentile.
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What net-worth percentile are you at 71?
The distribution
Net worth by percentile at age 71
Household net worth (assets minus debts). National figures, interpolated by age.
Net worth here is household-based (Survey of Financial Security) and national — not individual or provincial. Educational information only, not financial advice.
At 71
What's different about 71
71 falls in Statistics Canada's 65-and-older age group, whose measured median household net worth is $738,900.
The survey's oldest group is 65 and older, so every age from 70 to 75 shares these figures. That group's median sits below the 55-to-64 group's ($873,400).
Retirement milestones from 71
- The 2026 maximum OAS at your age is $742 a month. From 65 you can also claim the federal age amount, up to $8,396, which phases out once net income passes $45,522.
- This is the deadline year for RRSPs: they must be converted to a RRIF or an annuity by December 31 of the year you turn 71.
- The minimum RRIF withdrawal at 71 is 5.28% of the account's January 1 value.
- A Canadian aged 71 can expect to live about 16.4 more years on average, to roughly 87 (Statistics Canada life tables).
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