Use this calculator to help you achieve a Retirement Goal. Find out how many years it will take to get there, or ... enter your contribution amounts, the likely rate of return and the number of years you have to invest to learn what value you can achieve by the time you retire.
For each result you want to determine, insert a value in the other three boxes and then click Calculate beside the variable you want to measure
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Annual RRSP Contribution
The Annual Contribution you'll be required to make, given a set Annual Rate of Return, Number of Years Invested and projected Value at Retirement.
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Annual Rate of Return
The likely rate of growth you can achieve, given market returns and your risk profile.
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Number of Years Invested
The Number of Years required to reach your goal, given a set Annual Contribution, Annual Rate of Return, and the projected Value at Retirement you want to achieve.
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Value at Retirement
The actual Value at Retirement, given the Annual Contribution you can make, plus the likely Annual Rate of Return and the Number of Years Invested.
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