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Establishing the right mix of investments is a critical
part of a successful long-term investment strategy.
With RBC Direct Investing's online financial calculators, you will
find it easy to formulate your investment strategy - no matter
what you are saving for. You will be able to create long-term
customized plans, based on your personal information, tolerance
for risk, time horizon and the financial resources available
to you. We have designed a series of online financial calculators
that include everything from asset mix selection models,
to how much retirement savings you may need, to what your
RSP will be worth at maturity.
As a RBC Direct Investing client, you will be able to use the
Calculators to analyze different scenarios for important
investment questions, such as:
- RSP Income - How much retirement income can I expect
from my RSP? This calculator will help you determine
the annual retirement income you may expect from a proposed
savings plan.
- RSP Contribution - How much can I contribute to my
RSP? This calculator will help you determine how
much you can contribute to your RSP this year.
- RSP Worth - How much will my RSP be worth? This
calculator will help you determine the value of your RSP
at a date in the future.
- RIF Duration - How many years will my RIF last? This
calculator will help you determine how long the money in
your Registered Retirement Income Fund (RIF) will last
under different scenarios.
- Capital Growth - How much will my investment be worth
at maturity? This calculator will help you determine
how much your initial investment will be worth when it
reaches maturity.
- Periodic Retirement (non-RSP) - How much should I save
in addition to my RSPs? This calculator will show
you how supplementing your RSP savings could help you
have a more secure retirement. You may wish to use the "How
much RSP savings do I need?" calculator to complement
this one.
- Periodic Retirement (RSP) - How much RSP savings
do I need? This calculator will help you determine
how much you need to save in your RSP in order to achieve
your retirement goal. You may wish to use the "How much
should I save in addition to my RSPs?" calculator to
complement this one.
- Education - How much do I need to save for my children's
education? Save for your children's education in
either a Registered Education Savings Plan (RESP) or
outside of a registered plan. This calculator will compare
your options and help you set investment goals.
- Mortgage - How much will my mortgage payment be? This
calculator will help you estimate your mortgage payment
under different scenarios.
- Asset Mix - Do I have the right asset mix? This
calculator may help you to establish the right mix of investments
based on your risk tolerance, time horizon and financial
situation.
As a RBC Direct Investing client, these useful calculators can
easily be put to work for you by selecting the "Financial
Tools and Calculators" link on our online investing site.
If you are an RBC Royal Bank Online Banking Client, you can
access them through the "Research" section in RBC Royal Bank's
Online Banking site.
Once you have completed the questionnaire within each calculator,
you will receive a results page from which you can review,
modify, or save the scenario. Up to 15 scenarios can be saved
online and we suggest that you review and update each scenario
periodically to reflect any changes in your financial objectives
- all online. Each calculator features a handy "Take Action" page
which has helpful suggestions on how you can reach your financial
goals and how you can apply what you learn from the calculator
to your own financial situation.
From the "Take Action" page you can contact RBC Direct Investing
to add a particular kind of investment to your portfolio,
or click on a link to explore a specific investing topic.
Open a RBC Direct Investing account now.
Online Financial Tools & Calculators
Disclaimer
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