RRSP Calculators

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This RRSP calculator determines how much you will need to save between now and the day you retire. Please complete the fields below and click on the Calculate button. An analysis of the data will appear in the Results section at the bottom of the page.

RRSP KEY ASSUMPTIONS

Expected rate of return:		%
Inflation rate:		%
Number of years to retirement

Retirement Needs
Income required in today's dollars	$
Income frequency:
Income increases with inflation(y/n)		yes no
Number of years funds to last

Saving Details
Current RRSP holdings	$
Regular contribution value	$
Contribution frequency
Contribution increase with inflation(y/n)		yes no

RESULTS

Annual income in future dollars	$
Required savings at retirement	$
Future value of current RRSP	$
Total annual contributions	$
Value of RRSP at retirement	$
Net amount required to meet needs	$
Additional contributions required	$
Contribution required per period	$

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