Choose a Calculator—Select a tool below to get started
Investment Calculator
See how monthly contributions and/or a lump sum grow over time. Set monthly to $0 for lump sum only, or set lump sum to $0 for monthly only.
Starting Lump Sum $0
$
One-time deposit on day 1. Set $0 if not using.
Monthly Investment $500
$
Set $0 for lump sum only.
Annual Return Rate 10%
%
Time Period 20 years
yrs
Projected Outcome
Total Value
$378,016
Total Invested
$120,000
Gains from Compounding
$258,016
215% return on investment
How your money breaks down
Invested
32%
Growth
68%
Portfolio Growth Over Time
For illustrative purposes only. Returns are not guaranteed. Actual market returns vary and may be higher or lower than the assumed rate. Always do your own research before investing. Shivang Goyal does not guarantee the accuracy of these projections and accepts no responsibility or liability for financial decisions made based on this calculator. This tool does not constitute financial, tax, or legal advice.
Looking to learn more about this setup?Learn More →
Goal Planner
How much do you need to invest monthly to reach a specific goal?
Target Amount $500,000
$
Annual Return Rate 10%
%
Time to Goal 20 years
yrs
What You Need to Invest
Monthly Contribution Needed
$662
To reach your goal
Total You'll Invest
$158,832
Gained from Markets
$341,168
68% of your goal comes from compounding
Monthly Contribution Needed vs Time
For illustrative purposes only. Returns are not guaranteed. Assumes consistent monthly contributions and a fixed annual return rate. Shivang Goyal does not guarantee the accuracy of these projections and accepts no responsibility or liability for financial decisions made based on this calculator. This tool does not constitute financial, tax, or legal advice.
Looking to learn more about this setup?Learn More →
Withdrawal Planner
How long will your portfolio last if you withdraw a fixed amount each month?
Starting Portfolio Value $500,000
$
Monthly Withdrawal $2,000
$
Annual Return Rate 7%
%
Portfolio Longevity
Portfolio Lasts
Indefinitely
Your returns exceed withdrawals
Total Withdrawn
$240,000+
Annual Withdrawal Rate
4.8%
The 4% rule is a common safe withdrawal guideline
Portfolio Balance Over Time
For illustrative purposes only. Withdrawal sustainability depends on market returns, inflation, and actual portfolio performance. Consult a financial advisor for retirement planning. Shivang Goyal does not guarantee the accuracy of these projections and accepts no responsibility or liability for financial decisions made based on this calculator. This tool does not constitute financial, tax, or legal advice.
CAGR Calculator
Calculate the Compound Annual Growth Rate of any investment — or find out what a position is worth at a given CAGR.
Initial Investment $10,000
$
Final Value $50,000
$
Years Held 10 years
yrs
Initial Investment $10,000
$
CAGR 15%
%
Years 10 years
yrs
Result
Compound Annual Growth Rate
17.46%
Total Return
400%
Gain
$40,000
Over 10 years
CAGR shows smoothed annual return and does not reflect year-to-year volatility. For illustrative purposes only. Shivang Goyal does not guarantee the accuracy of these projections and accepts no responsibility or liability for financial decisions made based on this calculator. This tool does not constitute financial, tax, or legal advice.
🇨🇦 RESP Calculator ADVANCED
Automatically calculates CESG and CLB government grants based on your child's date of birth. Enter your contribution plan to see projected growth by age 18.
📋 Your RESP Details
Enter your child's info — grants calculate automatically
Child Information
Child's Date of Birth Age: —
Used to calculate grant eligibility. CESG grant room accumulates every year age 0–17. Catch-up grants available for missed years.
Contribution Schedule
Add one or more periods with different amounts & frequencies — e.g. high contributions early, then lower later.
Periods run in order. $2,500/yr per period gets full $500 grant. Lifetime max $50,000. Tip: on phone, tap the month/year header in the calendar to jump to any year.
Add lump sum contribution?
One-time deposit at account opening
Lump Sum Amount
$
Applied in year 1 alongside your regular contribution. Both count toward the lifetime $50,000 limit.
⚠ Exceeds $50,000 lifetime limit
Your schedule contributes more than the lifetime limit. Contributions will be capped automatically in the calculation.
Eligible for Canada Learning Bond (CLB)?
Low-income families — up to $2,000, no contribution needed
CLB included: $500 in year 1 + $100/yr for each subsequent year child is eligible (up to age 15), max $2,000 total. Child must be born 2004 or later. No personal contribution required to receive CLB.
Growth Assumptions
Annual Return Rate 10%
%
Projected Outcome at Age 18
Total Portfolio Value
$—
When your child is ready for post-secondary
Your Contributions
$—
Govt. Grants (CESG + CLB)
$—
CESG + CLB grants
Investment Growth
$—
Compounding returns
Total Invested
$—
Before market growth
⚠ Lifetime limit status—
🏛️ Government Grants Tracker
Canada Education Savings Grant (CESG)
Projected total CESG received$—
Lifetime CESG limit$7,200
Remaining CESG available$—
0% of lifetime grant used$7,200 max
Canada Learning Bond (CLB)
Projected CLB received$—
Lifetime CLB max$2,000
CLB remaining available$—
0% of CLB received$2,000 max
Total govt. grants projected$—
Contribution limit used—
of $50,000 lifetime limit$50,000 max
⏸️
$50,000 Limit Reached
Pause contributions after this point
Limit hit in year—
Child's age at that point—
Approx. month to pause—
After the $50,000 lifetime limit is reached, no further contributions are allowed. The portfolio continues to grow tax-sheltered. You don't need to close the account — just stop contributing.
Growth Over Time
Contributions
Grants
Portfolio Value
Year-by-Year Breakdown
Scroll to see all years
Year
Age
Your Contribution
CESG Grant
Year Total
Balance (End of Year)
Growth (Cumulative)
📋 RESP Grant Rules ReferenceShow / Hide
Annual CESG Grant
20% of $2,500
$500/yr max per child
Lifetime CESG Max
$7,200
Total govt. grants ever
Grant Cutoff
Age 17
CESG room stops Dec 31 of year child turns 17
Contribution Limit
$50,000
Lifetime per beneficiary
Catch-Up Grants
$1,000/yr
Contribute $5,000 to use prior unused room
Account Closes By
35 yrs after opening
Dec 31 of the 35th year
For illustrative and educational purposes only. RESP rules, grant amounts, and eligibility may change. Results assume contributions at the start of each year and a fixed annual return rate. Actual returns will vary. Enhanced CESG grants based on family income are not included. Consult a financial advisor for personalized RESP advice. Shivang Goyal does not guarantee the accuracy of these projections and accepts no responsibility or liability for financial decisions made based on this calculator. This tool does not constitute financial, tax, or legal advice.
Looking to learn more about this setup?Learn More →
Life Insurance Needs Analysis
Estimate how much coverage your family needs — adjust the values and the result updates instantly.
Cash needs
Mortgage / debt $400,000
$
Funeral & estate $15,000
$
Emergency fund $20,000
$
Education fund $0
$
Section total$435,000
Income replacement
Annual income $90,000
$
% family needs 70%
%
Years of support 20 yrs
yrs
Expected return 6%
%
Section total$819,000
Assets to deduct
Existing life insurance $0
$
Group / employer coverage $0
$
RRSPs / investments $50,000
$
Savings / cash $20,000
$
Already covered$70,000
📅 Years of support
Until youngest child finishes school, or partner reaches retirement
📈 Expected return
What the insurance payout could realistically earn if invested
PV Factor
11.47×
20 yrs @ 6%
$1/yr of income needs this much coverage today
Recommended Coverage
$1,184,000
Review with a licensed advisor for a personalized plan.
A tax-free lump sum paid if you're diagnosed with a covered condition (heart attack, cancer, stroke, etc.). Covers what OHIP doesn't — lost income during recovery, private care, home adjustments.
Replaces your paycheque if illness or injury stops you from working. 1 in 3 Canadians will face a disability before retirement. Group plans often fall short — an individual policy fills the gap.
For illustrative and educational purposes only. Results are estimates based on standard industry rules of thumb and do not constitute financial, insurance, or legal advice. Actual coverage needs vary by individual. Consult a licensed advisor. Shivang Goyal accepts no responsibility for decisions made based on this tool.
