Calculators

 Demonstrate the effect of inflation on a retirement budget based in current dollar value.

The RRSP Calculator estimates the future value of your RRSP investment given various assumptions. You can use the RRSP calculator to see the impact various savings and return assumptions may have on your investment.

This investment income calculator helps you estimate the income generated from your investments by considering your initial investment amount, interest rate, and frequency of payments. It’s a valuable tool for forecasting your financial returns and planning your investment strategy.

This investment postponement calculator estimates the potential financial impact of delaying your investments by factoring in your starting amount, expected returns, and the length of postponement. It’s a practical tool for understanding how waiting to invest could affect your long-term financial goals.

The TFSA vs. RRSP Calculator lets you compare investing in the 2 most popular tax-assisted investments available to Canadians. The strategy that produces the larger “After-Tax Retirement Income” may warrant further consideration in your planning.

The RRSP Loan Calculator lets you compare borrowing to invest a lump-sum in your RRSP today vs. making regular monthly contributions to your RRSP. The strategy that produces the larger RRSP balance at retirement may warrant further consideration in your planning.

The Income Tax Calculator estimates the amount of tax you will be required to pay on the various sources of income earned. If you are an employee, use the calculator to estimate the potential tax savings from RRSP contributions. If you are self-employed, use the calculator to estimate changes to income tax based on how you draw your income.

This financial benchmark calculator allows you to assess your financial health by comparing your personal finances to industry benchmarks across various categories. It’s a helpful tool for gaining insight into your financial standing and identifying areas for improvement.

This life value calculator helps you estimate the financial value of your life by taking into account your current income, expected future earnings, and financial obligations. It’s a valuable tool for determining the appropriate amount of life insurance coverage needed to protect your loved ones.