Financial Calculators

 

Financial Calculators

 

Below are some of our favourite financial calculators.  Try them out!

 

Compare Savings Rates

Use this calculator to see how different savings rates can impact your savings strategy!  This calculator can also show you how deposits at the start of each month, compared to the end of the month, can impact your savings balance.

Education Savings

Use this calculator to help develop or fine-tune your education savings plan.  Click the "View Report" button for a detailed look at the results.  They'll thank you for it!

Home Budget

This calculator helps you control and manage your budget.  By entering your income and monthly expenditures, you can see how much you may have left to save and where your money is being spent.

Inflation

Use this calculator to help you understand today's buying power for a future amount of money.

Investment Income

Use this calculator to discover what your investment income looks like.  Here you can play with Capital, Length, Rate of Return, Withdrawals and Balance.  Just click the numbers to change the values.

Investment Postponement

Use this calculator to find out how postponing your investments will affect you.

Loan

Use this calculator to help illustrate how the different factors pertaining to a loan will interact with each other.

RRIF Payments

Use this calculator to find out how much you may withdraw from your Registered Retirement Income Fund (RRIF) each year.

RRSP Tax Savings

Use this calculator to see how your RRSP contributions may help you generate tax savings.

Tax Rates

This tax rate calculator is very easy to use.  First, select your province.  Then, input your annual taxable income by clicking the number just below it and hit Enter.  The rest will populate accordingly.

TFSA, RRSP & Savings Account

How taxes are applied to an investment can make a huge difference.  This calculator is designed to help compare a normal taxable investment to a TFSA and an RRSP.