Financial Independence Score
17
🚨 Critical Risk
Urgent action needed — financial stability is at risk.
🚨 Critical⚠️ Fragile🌱 Starting🔵 Stable🌟 Building🏆 Independent
Your score: 17/100
Cash Flow (Planning Estimates)
✏ edit
No budget transactions yet — add transactions in Budget to see rolling averages, or
manually set values in Data Sources.
| Metric | Planning Estimate |
|---|
| Income | $0/mo |
| Expenses | $0/mo |
| Net Savings | $0/mo |
| Savings Rate | 0.0% |
| Debt Payments | $0/mo |
Score Components
Financial Resilience
0/35
CF: 0pt · EF: 0pt · Passive: 0pt
✗
Cash Flow
SR: 0.0%
✗
Emergency Buffer
None detected
✗
Passive Income
No passive income recorded
✗
Retirement Accounts
No RRSP/TFSA/LIRA/Non-Reg recorded
Debt Burden
15/15
Debt-to-income: 0.0%
FI Progress
0/25
No expense data
Protection (Insurance)
2/10
Coverage score: 25/100
✗
Life Insurance
Not recorded
✗
Disability Insurance
Not recorded
✗
Health / Dental
Not recorded (optional)
Income Diversification
0/10
0/10 income streams diversified
Estate Planning
0/5
No will · No life ins
Top Ways to Improve Your Score
- Improve cash flow (savings rate 15-20%), establish an emergency fund, or add passive/invested income.
- Build toward 1-year, then 5-year, then 10-year expense buffers. Use the Scenarios tab to model how reducing expenses changes your timeline.
- Add a passive income stream — dividend ETFs, rental income, or a side business.
⚡ Smart Alerts
⚠️ No life insurance detected. Your family would have no income protection if something happened to you.
⚠️ No disability insurance. 1-in-3 Canadians are disabled for 90+ days before age 65 — your income is at risk.
⚠️ Emergency fund covers only 0.0 months of expenses. Target: 3–6 months of liquid savings.
⚠️ Savings rate is 0.0% — below the recommended 15–20%. Review expenses to find savings opportunities.
💡 No RRSP/TFSA contributions detected. Even small monthly contributions grow significantly over time.
💡 No will detected. Without a will, provincial rules decide who gets your assets — often not what you'd choose.
💡 No travel insurance on file. Medical emergencies abroad can cost $50,000+.
💸 Spending Breakdown
Total recorded: $0
📂
No spending transactions recorded yet.
Import your bank or credit card statements in the Budget module to see your category breakdown here.
→ Open Family Budget