Cash Flow — Get a better idea of where your money goes by creating a personal cash flow statement.
Net Worth — Calculate what you own and what you owe – an important step in planning your financial future.
Investor Profile — Understanding yourself as an investor is important when creating an effective investment portfolio.
Inflation and Retirement Income — Estimate how much more income you will need at retirement to maintain the standard of living that you have today.
Will the Money Last? — Estimate how long your retirement savings will last if you make regular, annual income withdrawals and factor in inflation.
RRIF Payment — Calculate your RRIF payment and see how long the funds with last.
TFSA vs RRSP — Find out how your marginal tax rate, and whether you invest or spend your RRSP tax refund, affects the growth of your TFSA or RRSP.
Start Education Planning Now — See how saving early can make a significant difference.
Tax Benefits of an RESP — Discover how tax sheltered growth in an RESP can build a post-secondary school education fund for your children.
Savings Growth — Estimate the future value of your savings by changing the investment amounts, rates of return and years of growth.
Cost of Waiting to Invest — See how much more you will have in your retirement fund if you start investing now.
Real Rate of Return — This tool determines the real rate of return on a taxable investment after taking taxes and inflation into account, and illustrates what the investments will be worth, in after tax dollars.
RRSP Tax Savings — Estimate the tax savings on your RRSP contribution. You can enter three different amounts to compare the savings.
TFSA vs Taxable Investment — Discover the tax-free growth advantage of investing in a TFSA instead of taxable investment.
Income Tax — Estimate the taxes you owe based on your taxable income and the province you live in.
Fernandes Financial Inc.