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Tools to help you succeed!

Financial Management starts with a plan, and very often that plan starts with the fundamental- your budget. Need additional information? Here are a few financial planners and calculators that our clients find helpful.

To launch any of the tools on this page (budget planner or calculators), simply click on the appropriate green icon above the description. Each icon will launch a new tab on your browser as they are provided by external providers (Razor Logic Systems Inc. and The Bank of Canada).

DISCLAIMER
The tools provided on this page are for information purposes only, and are not intended to provide specific financial, tax, legal, accounting or other advice- and should not be relied upon in that regard.

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Budget Planner

Organize your monthly cash flow to find additional dollars you can use to achieve your financial planning and retirement goals.

Life Insurance Calculator

This calculator lets you estimate the amount of life insurance coverage you and your spouse / partner require.

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Mortgage Calculator

Calculate the impact various payment assumptions will have on the number of years until your mortgage is paid.

RRSP Calculator

This 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.

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RRSP VS. NON-RRSP Calculator

This calculator  lets you compare investing in your RRSP to investing the after-tax equivalent in an investment vehicle where the interest is taxable when earned. The strategy that produces the larger “After-Tax Retirement Income” may warrant further consideration in your planning.

RRSP VS. MORTGAGE Calculator

This calculator lets you compare investing a lump-sum in your RRSP today vs. paying down your mortgage and investing future mortgage savings in your RRSP. The strategy that produces the larger RRSP balance at retirement may warrant further consideration in your planning.

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RRIF Calculator

This calculator estimates the future withdrawals you will need to make from your RRIF based upon the prescribed minimums.

You can also use the RRIF calculator to estimate how long you can withdraw a set amount from your RRIF before running out of money.

TFSA VS. RRSP Calculator

This 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.

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Terminal Tax Calculator

This calculator estimates the amount of taxes your estate will be required to pay in the year of your death (assuming no surviving spouse / partner).

RRSP Loan Calculator

This 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.

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Income Tax Calculator

This 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.

Currency Exchange Calculator

This calculator provides conversions the are based on the Bank of Canada’s exchange rates, which are published each business day by 16:30 ET.

All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes from financial institutions.

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