Part of what I believe is that by empowering my clients with education this will enhance their participation in the financial planning process and increase the likelihood their plan will be successful. Below are some tools for you to use.
There are numerous online calculators on the internet. Mackenzie Investments have developed a number investment and financial planning calculators on their website which we have linked to on this page.
- RRSP Calculator
How much do you need to save between now and retirement?
- RRSP Illustrator
What are the tax benefits of investing in an RRSP?
- RIF/LIF Illustrator
How much income will your registered retirement savings generate in retirement?
- RRSP Loan Planner
How can an RRSP loan help boost your income at retirement?
- Registered/Non-Registered Comparison
What are the best options for your savings?
Investment and Saving
- Advantage of Early Investing
Learn the importance of investing early and on a regular basis.
- Investment & Regular Deposit
See how your one time investment or regular deposit program will grow over the years.
- Investment & Regular Withdrawal
Calculate the regular income stream generated by your non-registered investment.
- RESP Calculator
How much will you need to save for your children's education?
Mortgage and Lending
- Mortgage Qualifier
Thinking about buying a home but don’t know whether you would qualify for a mortgage? Use this calculator to find out how much you could qualify for and what your monthly payments would be.
- Mortgage and Loan Amortization Scheduler
Want to know how much your mortgage will actually cost you? This easy to use tool provides a detailed payment schedule for your mortgage or loan based on the mortgage or loan amount, payment frequency, interest rate and the amortization period information you provide.
- Debt Consolidator
Looking to consolidate your high interest debt into one easy to manage payment? This calculator can show you how much you might save by consolidating your debt at a lower interest rate.
- Household Cash Flow Statement
The first step in building a wise financial plan is determining your family's income and expenses. This tool makes it easy.
- Net Worth Statement
Complete your personal financial picture by pin pointing your personal assets and liabilities.