Retirement Calculators & Tools

We offer a variety of calculators and tools that can help you throughout the different stages of retirement. Use one tool—or all of them—to help guide your conversation with an RBC advisor.

Saving and Investing Calculators

RSP-Matic® Use the RSP-Matic® and see how easy it is to save with regular, automatic contributions. Just enter your current age, desired retirement age and monthly contribution.				Future Value Calculator How much will today's savings be worth 10 or 15 years from now? Check it out, using rates of return and time frames of your own choosing.

Compound Interest Calculator Calculate the value of your savings over time using a variety of rates of return.				RRSP Loan Calculator Maximize your annual RRSP contribution – or take advantage of unused RRSP contribution room – with an RRSP loan from RBC Royal Bank®.

Income and Cash Flow Calculators

Retirement Cash Flow Calculator Clarify your financial picture in retirement. Categorize your income and expenses, get a snapshot of your situation, and identify shortfalls				Minimum Annual Income Payment Calculator Determine your minimum annual RRIF, LIF or LRIF payments at various ages throughout retirement.

Annual Retirement Income Worksheet Calculate the combined after-tax retirement income for you and your spouse in this single, convenient statement.				Annual Retirement Expense Worksheet Use this tool to help estimate your retirement expenses while taking inflation into account.

Net Income Calculator Based on your estimated retirement income and expenses, will you have an income surplus or an income gap at retirement?				Net Worth Worksheet Get a handy financial snapshot of what you own (your assets) and what you owe (your liabilities).