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Canadian Investing & Savings Calculators

Updated

Plan your financial future with free Canadian investing calculators and guides. Whether you are growing your TFSA, planning RRSP contributions, saving for a first home with the FHSA, or building a retirement income โ€” these tools give you the numbers you need.

Registered Accounts โ€” TFSA, RRSP, FHSA & RESP

Retirement Planning โ€” CPP, OAS & Pensions

ETFs, Index Funds & Investing Basics

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ETFs & Index Funds Hub

All ETF guides โ€” best all-in-one ETFs, bond ETFs, dividend ETFs, sector ETFs, and how to choose.

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Best All-in-One ETFs Canada

XEQT, VEQT, XBAL, VBAL, and more โ€” the simplest way to invest in a globally diversified portfolio.

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Best Bond ETFs Canada

Top Canadian bond ETFs for income, stability, and portfolio diversification in 2026.

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Investing 101 Hub

Beginner guides โ€” compound interest, dollar cost averaging, asset location, GICs vs ETFs, and getting started.

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Compound Interest Calculator

See how investments grow over time โ€” project any amount at any rate over any time horizon.

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Dollar Cost Averaging Calculator

See how regular fixed contributions grow over time regardless of market ups and downs.

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GIC Calculator Canada

Calculate returns on a GIC โ€” compare compound vs. simple interest and different terms.

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First-Time Investor Guide Canada

How to start investing in Canada โ€” which account, what to buy, and how much to invest.

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Brokers & Platforms Hub

All broker reviews โ€” online brokers, investing apps, robo-advisors, and options platforms in Canada.

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Best Online Brokers Canada

Questrade, IBKR, Wealthsimple, TD Direct, and more โ€” ranked by fees, features, and ease of use.

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Best Robo-Advisors Canada

Wealthsimple Invest, Questwealth, and other robo-advisors โ€” fees, performance, and minimum balances compared.

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Best Investing Apps Canada

Top mobile apps for investing in Canada โ€” rated for beginners, active traders, and long-term investors.

Stocks, Sectors & Alternative Investing

Investing Fundamentals for Canadians

Start with Tax-Advantaged Accounts

Before investing in a taxable account, maximize your registered accounts. The right order for most Canadians:

PriorityAccountWhy
1stFHSATax deduction on contributions + tax-free growth โ€” use if buying a first home
2ndTFSATax-free growth and withdrawals โ€” the most flexible registered account
3rdRRSPTax deduction now, taxed on withdrawal โ€” best if your income is high today
4thRESP20% CESG grant on contributions โ€” ideal if you have children
LastTaxable accountNo special tax treatment; use only after registered accounts are maximized

RRSP vs. TFSA: The Simple Rule

  • RRSP first if your income is above ~$55,000 today and you expect to be in a lower bracket in retirement
  • TFSA first if your income is below ~$55,000 or you are young and in an early tax bracket
  • When in doubt, contribute to the TFSA โ€” withdrawals do not affect GIS, OAS clawback, or income-tested benefits

The Power of Compound Growth

At a 7% average annual return (roughly the long-run equity average after inflation):

Starting AgeMonthly ContributionBalance at 65
25$300~$798,000
35$300~$380,000
45$300~$161,000
25$500~$1,330,000

The single most important variable is how early you start โ€” not how much you earn.

Retirement Income Sources

Most Canadians retire with income from multiple sources:

SourceWho Gets ItWhen
CPPWorkers who contributedAge 60โ€“70 (optimal: 65 or 70)
OASMost CanadiansAge 65โ€“70 (clawed back above ~$86,912)
GISLow-income seniorsAge 65 โ€” non-taxable
RRSP/RRIFAnyone with RRSP savingsConvert to RRIF by age 71
TFSAAnyone with TFSA savingsAny age โ€” does not affect OAS or GIS
Employer pensionWorkers with defined benefit plansVaries by plan

Explore Other Topics

  • Taxes โ€” How investments are taxed, capital gains, and RRSP deductions
  • Mortgages โ€” FHSA + HBP for first-time buyers, mortgage calculators
  • Banking โ€” GIC rates, HISA rates, and where to park your savings
  • Personal Finance โ€” Budgeting, net worth tracking, and EI calculators
  • Credit Cards โ€” Using rewards cards to fund investment contributions
  • Income โ€” Salary data to benchmark your savings rate

Browse All Investing Articles

Browse all 11 articles in this section.