Arithmetic is only one part. Use the result to ask better questions.
The F.I.T. PLANNING System guides you to decide what that number means for your purpose, choices and timeframe.
Use these educational tools to test assumptions, see trade-offs and generate better questions. The result is not a recommendation.
Estimate the capital needed to replace income, clear debts and meet family obligations, after the insurance and cash already in place.
Open calculatorEstimate the present value of your future earned income: the livelihood your protection plan is meant to preserve.
Open calculatorSee what credit-card and line-of-credit debt is costing you, and how an extra monthly payment could shorten the payoff.
Open calculatorSee how extra monthly payments and annual lump sums could shorten your mortgage and reduce the interest you pay.
Open calculatorCompare the income you want with pensions and other income to find the shortfall.
Open calculatorEstimate the annual and monthly income your available retirement capital could produce.
Open calculatorTest how long your retirement capital could last with planned withdrawals.
Open calculatorCompare projected savings with your retirement capital target.
Open calculatorEstimate the capital needed to fund your desired income, allowing for inflation.
Open calculatorSee the power of time, consistency and compounding on money you set aside regularly.
Open calculatorSee how much future value is lost by delaying the start of a savings plan, and why starting now matters.
Open calculatorIllustrate an RRSP contribution with its tax savings reinvested in a TFSA, with both projected together over time.
Open calculatorCompare estimated estate taxes, settlement costs and debts with the liquidity available, and see the legacy preserved.
Open calculatorArithmetic is only one part. Use the result to ask better questions.
The F.I.T. PLANNING System guides you to decide what that number means for your purpose, choices and timeframe.