Need to make sense of your finances? Make planning for the future and retirement a little bit easier with these tools and calculators offered by Sun Life Financial.
Retirement calculators
RRSP calculator/cost of an RRSP withdrawal
Find out what the potential impact could be if you were to make an RRSP withdrawal to fund a large unexpected expense.
Should I pay off my mortgage or contribute to my RRSP?
Find out if you would be better off paying down your mortgage or contributing to your RRSP.
Should I take a loan to contribute to my RRSP?
Find out if the interest on an RRSP loan will be more than the tax refund and tax-free investment growth within your RRSP.
Life expectancy calculator
Assess how long you will live, based on recent actuarial data. Once you know your life expectancy, you can estimate the length of your retirement, and how much money you’ll need. (Powered by MoneySense)
CPP/QPP calculator
Determine the best time for you to start receiving Canada Pension Plan/Quebec Pension Plan income benefits.
What will my expenses be at retirement?
Estimate your expenses at retirement based on an inflation rate you choose.
What will my investments be at retirement?
See how much you will have saved for retirement, based on your current plan.
Retirement income calculator
Get an idea of how much income your savings could generate at retirement.
Inflation calculator
See how your expenses could increase over time because of inflation..
Planning for the future calculators
Life stage planner
A fast, fun tool to help you identify the financial issues people at your life stage often face.
Financial habits quiz
Find out if your financial choices today will help you achieve your long-term goals.
What is my net worth?
Find out the difference between what you own (your assets) and what you owe (your liabilities) to help you plan for the future.
How much do I need for my child’s education?
Estimate the amount required for your child(ren)’s education.
How much life insurance do I need?
Get an idea of the amount of insurance you may need to protect and provide for your survivors.
