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Tax-Free Savings Account (TFSA) New!

Find out how this new account can help you save on taxes: TFSA brochure and the TFSA savings calculator

Saving for Retirement

Are you ready for retirement? Find out using Fidelity Retirement Readiness Snapshot

What is your burn rate? Are your financial affairs in order?
Find out from burnrate.ca

A registered retirement savings plan (RRSP) is one of the best vehicles for saving for retirement. Use this handy RRSP Calculator to figure out how much you need to contribute each year to achieve your retirement goals.

To see the power of tax-free compounding in an RRSP  including reinvestment of tax refunds use this RRSP Illustrator

Should I invest in an RRSP or outside? Find out based on your own situation including your marginal tax bracket using this calculator: Registered vs. Non-Registered Investing

Is it a good idea to borrow to contribute to an RRSP? The short answer is "It depends.." Use this RRSP Loan Planner to find out the answer in your own situation

You heard of the saying "save early, save often" but how much of a difference does it make? Find out yourself using this calculator  Advantage of Early Investing

Saving for your child's education

With the tuition costs of post-secondary education going higher every year a Registered Education Savings Plan (RESP) has become an essential tool for many families to save for their child's education. This tool,  the RESP Calculator, helps to show you how much you will need to save for your child’s post-secondary education.

How much will a post-secondary education cost? CanLearn's Education Cost Calculator

In retirement  

How much income can you expect from your RIF/LIF/LRIF? What's the minimum and maximum amounts? Use the  RIF/LIF/LRIF Calculator

Investment calculators

Use these two calculators to calculate how your money will grow, or last, with regular deposits, or regular withdrawals:

 


Mutual funds provided by Partners In Planning Financial Services Ltd.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

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Copyright © 2010 Rickert Financial Group Ltd.
Last modified: March 11, 2010.