RRSP Calculator • FaithLife Financial

RRSP Comparison Calculator


Start saving early and use compound interest to help you reach a comfortable retirement. An RRSP will help you take advantage of tax savings now so you can have peace of mind later.

Half of Canadian couples between 55 and 64 have no employer pension between them, and half of that group only have enough savings to last for one year.

– Source: Broadbent Institute, An Analysis of the Economic Circumstances of Canadian Seniors, February 2016, sourced July 2019.

1 in 6 Canadians, aged 55 or older, haven’t started saving for retirement yet.

– Source: RBC & CBC News article, February 2017, sourced July 2019: https://www.cbc.ca/news/business/royal-bank-retirement-1.3981758

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