Future income, retirement, savings and financial independence begin with what you want to accomplish. Your timeframe, resources and comfort with risk help shape the choices you evaluate.
Explore the calculators
Created by Merched Khouri, this approach lets you sketch your income allocation in under one minute: a starting point for informed financial decision-making.
Sample monthly take-home income: $5,000These percentages are an example. Speak with Merched first to explore how the allocation can be adjusted to suit your purpose, responsibilities and goals.
Explore My Income AllocationEducational tools to test assumptions and see trade-offs. A result is a starting point for better questions, not a recommendation.
Compare 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.
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