Financial Tools & Calculators
Helping Canadians understand, protect, and grow their wealth through personalized financial strategies
See How Your Money Can Grow Over Time
Compound Interest Calculator
Estimate how your money could grow over time with monthly contributions.
💡 Quick Guide: Enter your Initial Amount if you already have savings, or your Monthly Contribution if you’re starting fresh — you can also use both. Then set your interest rate, number of years, compounding type, and optional inflation rate. Click Calculate to see how your money grows through the power of compound interest.
⚠️ Disclaimer (Canada): This tool is for educational purposes only and does not constitute financial, tax, or legal advice. Results are estimates and may not reflect actual performance. Investment values can go up or down. Insurance and investments are subject to eligibility and underwriting where applicable. For personalized advice, please contact Olusegun Joseph, Financial Security Advisor (Insurance of Persons – Québec & Canada).
Life Insurance Needs (DIME) – Mini Financial Needs
Analysis
Life Insurance Needs (DIME)
Quick estimate based on Debt, Income replacement, Mortgage, and Education. Use this as a starting point for a full Financial Needs Analysis.
⚠️ Disclaimer (Canada): This tool provides an educational estimate only and is not financial, tax, or legal advice. Actual coverage needs depend on your full situation (assets, benefits, taxes, dependants, and underwriting). For personalized advice, please contact Olusegun Joseph, Financial Security Advisor (Insurance of Persons – Québec & Canada).
TFSA vs RRSP Growth (after-tax apples-to-apples)
What it does (Canada-friendly):
You enter your after-tax monthly budget and tax rates.
The tool assumes RRSP lets you deposit more pre-tax (budget ÷ (1 − tax_now)), then taxes the RRSP at withdrawal (tax_retirement).
TFSA grows tax-free and withdraws tax-free.
TFSA vs RRSP – After-Tax Comparison
Enter your after-tax monthly budget. We’ll compare TFSA (tax-free) vs RRSP (pre-tax deposit, taxed at withdrawal).
Assumptions: RRSP deposits = after-tax budget ÷ (1 − tax_now). RRSP withdrawals taxed at tax_retirement; TFSA withdrawals tax-free. This is a simplified illustration (ignores contribution limits, refunds re-invested externally, and other nuances).
⚠️ Disclaimer (Canada): Educational illustration only; not financial, tax, or legal advice. Results are estimates and may differ based on your circumstances, contribution room, and tax rules. For personalized advice, please contact Olusegun Joseph, Financial Security Advisor (Insurance of Persons – Québec & Canada).
Retirement Income Estimator (real, inflation-adjusted)
What it does:
Uses your expected return and inflation to compute a real (inflation-adjusted) sustainable annual income for N years.
If the real rate is ~0 or negative, it switches to simple amortization
Retirement Income Estimator
Estimate a sustainable, inflation-adjusted annual income from your portfolio over a set number of years.
Method: Converts to a real (inflation-adjusted) rate and uses the annuity formula. If the real rate ≤ 0, a straight amortization is used (PV ÷ periods).
⚠️ Disclaimer (Canada): Educational illustration only; not financial, tax, or legal advice. Investment values can fluctuate and future returns are not guaranteed. Please consult Olusegun Joseph, Financial Security Advisor (Insurance of Persons – Québec & Canada) for personalized planning.