Financial Planning Calculators

How much do you need to save to retire? How much will it cost to educate your children? Do you require life insurance and if so, how much coverage is needed?

These are all questions that can be answered using the financial calculators included in our web site. It takes only a couple of minutes to complete, does not require you to enter any personal information and the final results can be printed so you have a copy for reference.

A short description of each calculator is provided below. Select the calculator you want from the menu at left.

Retirement Needs Calculator:

Calculate how much you will need to save between now and the day you retire.

RSP Contributions:

Estimate the growth of your RSP in years until you retire. This will assist you in determining the appropriate contribution amount that would achieve your retirement goals.

Education Costs:

Calculate how much you will need to save for your children’s education.

Mortgage Paydown:

Calculate the required mortgage payment increase should you decide to pay off your mortgage sooner.

Leveraging Calculator:

Use this calculator to help you see how investing with borrowed money may help you jump-start your retirement savings.

Dollar Cost Averaging:

Determine the advantage to using a series of scheduled investments and how they reduce the impact of market volatility.

Life Insurance Needs:

Calculate how much life insurance you need for the appropriate protection.