Planning Tools

Budgeting

RSP planning

With this handy worksheet, you can pin down every dollar that comes into your hands, and every dollar that goes out.

It's valuable for spotting cash 'leaks', where you're spending unnecessarily, and also in figuring out just how much you can devote to investing.

Plug in your present age, the amount you are contributing (or plan to contribute) to your Retirement Savings Plan (RSP), and when you plan to retire, and this calculator will show you how much you'll have available.

Play around with the numbers, changing the contribution amounts or your expected retirement age, to see how it changes the outcome.

How much do I need?

Savings

Use this tool to determine how much you need to set aside each month to reach your specific retirement goals, taking into consideration your existing assets and your investor profile.

You can compare up to three plans, to see how changing your retirement target date or desired level of income influences what you need to save today.

Even small amounts add up quickly when you commit to a regular savings plan, and this tool proves it. See how quickly your savings add up when you contribute regular amounts on a regular basis.

If you're finding it difficult to set aside money for your future, this tool is a great motivator.

Where am I at?

Estate planning

Your net worth is the difference between what you own (your assets) and what you owe (your liabilities). It provides a snapshot of your financial situation at a particular point in time.

Calculating your net worth periodically over time enables you to see the progress you're making towards your goals.

Choosing an executor for your will is an important decision. This person will be responsible for seeing that your final wishes are carried out.

The Executor Selection tool provides a list of key questions that will help you make the best selection for your situation.

Key documents?

Use this online checklist to pull together all the personal documents and financial records you need to begin your retirement planning.