Recent Calculations
The value of your savings can be affected by both taxes and inflation, especially if you are saving for a long-term goal. Use this calculator to determine how much your investment or savings may be worth with this in mind. Click the "View Report" button to get more information and an indicative year-by-year savings schedule.
The number of years you have to save.
The amount you will contribute each month towards your goal. This calculator assumes that you make your contribution at the beginning of each month.
Total you have saved to date to be included in this analysis.
This is the annually compounded rate of return you expect from your investments before taxes. The actual rate of return is largely dependent on the type of investments you select. For example, the total return including dividends of the S&P/TSX Composite Index for the 10 year period ending December 31, 2025 was 12.5% (source www.spglobal.com). Savings accounts at a bank or credit union may pay as little as 2% or less. It is important to remember that future rates of return can't be predicted with certainty and that investments that pay higher rates of return are subject to higher risk and volatility. La tasa real de rendimiento de las inversiones puede variar significativamente con el tiempo, en especial en las inversiones a largo plazo. También puede implicar la posible pérdida de capital invertido.
Your marginal income tax rate.
What you expect for the average long-term inflation rate.