Wealthsimple offers several different calculators to help make your financial planning a little easier. All of our calculators are free to use:
- Registered Retirement Savings Plan (RRSP) calculator: Understand how much you can contribute to your RRSP. It'll also show you an estimate of how your savings will grow over time.
- Tax Free Savings Account (TFSA) calculator: Helps understand how much you can contribute to your TFSA. It'll also show you an estimate of how your savings will grow over time.
- Retirement calculator: Understand how much you should be saving for retirement.
- Income tax calculator: Quickly estimate your provincial taxes. Additionally, it allows you to have better visibility into your tax bracket, marginal tax rate, average tax rate, payroll tax deductions, tax refunds, or taxes owed.
Note: These calculators are used for illustrative purposes only, and the results are estimates. They should be used with caution, and not be taken as financial advice.
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