Net worth
Net worth = Σ (assets) − Σ (liabilities)Net worth is the sum of every asset converted to your primary currency, minus the sum of every liability converted to the same currency.
Assets include your bank and investment accounts (TFSA, RRSP, FHSA, RESP, non-registered, crypto), your real estate (limited to your ownership share when co-owned), and your alternative assets (vehicles, watches, art, collectibles, etc.).
Liabilities include the manual debts you enter (credit cards, personal loans, auto loans, student loans) as well as mortgages attached to your real estate.
- A mortgage entered on a property is never counted twice — it appears in liabilities but the equity reported on the asset side already accounts for it.
- Assets in non-convertible currencies (BTC, ETH, GBP, CHF, JPY, AUD, etc.) are excluded from the aggregate net worth. To include them, enter their value in CAD, USD or EUR.
Multi-currency conversion
Displayed value = Native value × Rate(native → primary)Each account, property or asset keeps its native currency. Atlas converts on the fly to your primary currency (CAD, USD or EUR).
Exchange rates are refreshed daily from a public interbank rate provider. Atlas applies no spread on conversions — you see what an institutional market would quote, within 1 or 2 decimals.
Balance histories stay stored in the original currency. When you change your primary currency, past balances are simply reconverted at display time — no data is lost.
- A 1 to 2 % day-over-day change on your total net worth can be entirely explained by exchange rate moves, even without any activity from you.
- Currencies not supported by our provider (some stablecoins, for example) are not converted. See the documentation for the list.
Real estate equity
Equity = (Property value − Mortgage balance) × Ownership shareThe equity shown on a property is your net share. Co-owned at 50%, on an $800,000 property with a $300,000 mortgage, your equity is $250,000 — not $500,000.
Monthly cash flow is computed as: Rent received − (Monthly mortgage payment + Condo fees + Monthly-equivalent taxes + Management fees).
Annual net yield is computed as: Annual cash flow ÷ Property value × 100. Above 5%, Atlas considers the rental solid.
Gross yield is computed as: (Rent × 12) ÷ Property value × 100. Useful for comparing a property before accounting for its expenses.
- If you leave the purchase date empty, Atlas cannot compute historical capital gain. Current KPIs (equity, cash flow, yield) are still computed as normal.
- The principal/interest split of your monthly payment is estimated using a standard fixed-rate linear amortization. For an exact figure, your official statement remains authoritative.
Atlas Score
Score = Safety + Solvency + Growth + Diversification (25 pts each)The Atlas Score is a number out of 100 built from 4 independent pillars worth 25 points each. It aims to give a quick read on your financial health — it is not a credit score.
Safety (emergency fund): 25 pts if your liquid assets cover ≥ 6 months of expenses (3 months if you carry no significant debt). The score drops to 0 below 1 month of cushion.
Solvency (debt-to-wealth ratio): 25 pts if liabilities represent < 30% of your wealth. The score drops toward 10 pts at 80%+. Extra penalty (5 to 25 pts) if "bad debt" is present (credit cards, personal loans).
Growth (savings rate): 25 pts if your monthly savings (including TFSA/RRSP) reach ≥ 20% of net income. 18 pts at 10%, 10 pts at 5%, linear decay below. With no budget set, Atlas evaluates your average wealth growth.
Diversification (asset families): 25 pts if you combine Cash, Real estate and Markets. 20 pts for two families, 15 or 10 pts for one only.
- Labels: Expert (≥ 85), Advanced (≥ 70), Solid (≥ 50), In progress (≥ 30), Beginner (< 30).
- The score is never compared with other users and is never shared with any third party.
Savings rate and emergency fund
Savings rate = (General savings + TFSA contributions + RRSP contributions) ÷ Monthly net incomeThe monthly savings rate aggregates your general savings and contributions to registered accounts (TFSA, RRSP, FHSA, RESP). The standard target Atlas uses is 20% of monthly net income.
The emergency fund is expressed as the number of months of expenses covered: Liquid assets ÷ Monthly expenses. The target ranges from 3 to 6 months depending on your debt load.
Atlas only looks at bank-category accounts to estimate liquid assets — a locked-in investment does not count.
- The budget is never auto-updated from your accounts. It is a manual entry refreshed when your situation changes.
Debt repayment optimizer
Strategies: Avalanche (highest rate first) or Snowball (smallest balance first)The optimizer simulates how much time and interest you save by adding an extra amount to your monthly repayment effort.
The Avalanche strategy targets the debt with the highest interest rate: mathematically optimal, it minimizes total interest paid.
The Snowball strategy targets the smallest remaining balance: less optimal mathematically but often more motivating because debts visibly disappear faster.
The calculation iterates month by month over a maximum horizon of 360 months (30 years). Beyond that, the projection stops.
- If your mortgage receives no extra payment and has a remaining term over 30 years, you may hit the 360-month ceiling — add even a small extra so the projection stays meaningful.
Retirement projections
Final wealth = Current wealth × (1+r)^n + Savings × [(1+r)^n − 1] / rAtlas projects your wealth with monthly compounding capitalization at a single configurable annual return (default: 6%).
Monthly retirement income is estimated via the 4% rule: final wealth × 4% ÷ 12.
The projection starts from your current net worth and includes your declared monthly savings.
- The projection ignores: inflation, salary variations, real market volatility, and tax on withdrawal.
- It is an order of magnitude intended to compare scenarios (saving $200 vs $400/month), not a personalised financial plan. For high-stakes decisions, consult a certified financial planner.