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Calculators

Calculating your financial health is the first step in planning your financial future and achieving your goals. Whether you’re thinking about retirement, becoming debt-free or investing, the calculators below will help you understand where you are and what you need to do to build a financially successful future.

[vc_row][vc_column][vc_custom_heading text=”Financial planning calculators” use_theme_fonts=”yes”][/vc_column][/vc_row][vc_row gap=”15″ equal_height=”yes” css=”.vc_custom_1584172254988{margin-top: 90px !important;}”][vc_column width=”1/2″ css=”.vc_custom_1584171395486{border-top-width: 15px !important;background-color: #f7f6f4 !important;border-top-color: #8ccfc7 !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_custom_heading text=”Compound interest calculator” font_container=”tag:h2|font_size:1.3rem|text_align:left” use_theme_fonts=”yes”][vc_column_text]Compound interest is interest paid on interest. When talking about investment returns, it works to your benefit (on your credit card, not so much). Use the calculator below to determine how much your investment can grow over time by calculating compound interest.[/vc_column_text][vc_empty_space height=”80px”][vc_btn title=”Calculate your compound interest” style=”custom” custom_text=”#8ccfc7″ align=”right” i_align=”right” i_icon_fontawesome=”fas fa-angle-right” add_icon=”true” el_class=”bottom right” link=”url:https%3A%2F%2Fcheckfirst.ca%2Fresources%2Finvesting-calculators%2Fcompound-interest-calculator%2F|||”][/vc_column][vc_column width=”1/2″ css=”.vc_custom_1584171540743{border-top-width: 15px !important;background-color: #f7f6f4 !important;border-top-color: #8ccfc7 !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_custom_heading text=”Retirement savings calculator” font_container=”tag:h2|font_size:1.3rem|text_align:left” use_theme_fonts=”yes”][vc_column_text]When should you start saving for retirement? The sooner, the better.[/vc_column_text][vc_empty_space][vc_btn title=”Calculate your retirement savings” style=”custom” custom_text=”#8ccfc7″ align=”right” i_align=”right” i_icon_fontawesome=”fas fa-angle-right” add_icon=”true” el_class=”bottom right” link=”url:https%3A%2F%2Fcheckfirst.ca%2Fresources%2Finvesting-calculators%2Fretirement-savings-calculator-expanded%2F|||”][/vc_column][/vc_row][vc_row gap=”15″ equal_height=”yes”][vc_column width=”1/2″ css=”.vc_custom_1584171395486{border-top-width: 15px !important;background-color: #f7f6f4 !important;border-top-color: #8ccfc7 !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_custom_heading text=”TFSA savings calculator” font_container=”tag:h2|font_size:1.3rem|text_align:left” use_theme_fonts=”yes”][vc_column_text]Since a Tax-Free Savings Account (TFSA) is a registered account that provides tax benefits, it’s a great way to save. In most cases, investment income isn’t taxed, even when withdrawn. Try the calculator below to estimate the future values of your TFSA.[/vc_column_text][vc_empty_space height=”80px”][vc_btn title=”Calculate your TFSA savings” style=”custom” custom_text=”#8ccfc7″ align=”right” i_align=”right” i_icon_fontawesome=”fas fa-angle-right” add_icon=”true” el_class=”bottom right” link=”url:https%3A%2F%2Fcheckfirst.ca%2Fresources%2Finvesting-calculators%2Ftfsa-savings-calculator%2F|||”][/vc_column][vc_column width=”1/2″ css=”.vc_custom_1584171540743{border-top-width: 15px !important;background-color: #f7f6f4 !important;border-top-color: #8ccfc7 !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_custom_heading text=”Net worth calculator” font_container=”tag:h2|font_size:1.3rem|text_align:left” use_theme_fonts=”yes”][vc_column_text]Your net worth is more than just a number reflecting your overall financial health. It’s a way to assess your spending habits and determine opportunities for saving, investing, or debt repayment. Use the calculator below to determine your net worth and get a clear picture of your finances.[/vc_column_text][vc_empty_space height=”80px”][vc_btn title=”Calculate your net worth” style=”custom” custom_text=”#8ccfc7″ align=”right” i_align=”right” i_icon_fontawesome=”fas fa-angle-right” add_icon=”true” el_class=”bottom right” link=”url:https%3A%2F%2Fcheckfirst.ca%2Fresources%2Finvesting-calculators%2Fnet-worth-calculator%2F|||”][/vc_column][/vc_row][vc_row gap=”15″ equal_height=”yes” css=”.vc_custom_1584172242805{margin-bottom: 140px !important;}”][vc_column width=”1/2″ css=”.vc_custom_1584171395486{border-top-width: 15px !important;background-color: #f7f6f4 !important;border-top-color: #8ccfc7 !important;border-top-style: solid !important;border-radius: 5px !important;}”][vc_custom_heading text=”Know your budget” font_container=”tag:h3|font_size:1.3rem|text_align:left” use_theme_fonts=”yes”][vc_column_text]Having a clear and accurate sense of your income and spending is the foundation of financial success. Creating a budget is not only a great first step, it’s also a useful tool to determine opportunities for saving, investing, and for making adjustments to your lifestyle that can enhance your financial security.[/vc_column_text][vc_empty_space height=”80px”][vc_btn title=”Calculate your budget” style=”custom” custom_text=”#8ccfc7″ align=”right” i_align=”right” i_icon_fontawesome=”fas fa-angle-right” add_icon=”true” el_class=”bottom right” link=”url:https%3A%2F%2Fcheckfirst.ca%2Fresources%2Finvesting-calculators%2Fknow-your-budget%2F|||”][/vc_column][vc_column width=”1/2″][/vc_column][/vc_row]