Financial calculators can help you explore different financial scenarios, estimate future needs and better understand how changes in savings, borrowing, investment returns and other assumptions may affect your financial plans.

Use the calculators and planning tools below as a starting point. The results are estimates based on the information and assumptions entered and should not be considered financial, tax or investment advice.

Your MWFS Representative can help you review the results and consider how they relate to your overall financial plan.

Savings & Investments

Whether you're building savings for a future goal or considering different investment strategies, these calculators can help illustrate how time, contributions and assumed rates of return may affect your savings.

Future Value Calculator

See how an initial investment and regular contributions may grow over time based on an assumed rate of return.

Future Value Calculator →

Savings Calculator

Explore how regular savings, time and an assumed rate of return can affect the amount you accumulate.

Savings Calculator →

RRSP Calculator

Explore the potential impact of RRSP contributions and tax savings.

RRSP Calculator →

Explore Investment Options →

Retirement Planning

Retirement planning involves more than determining how much you've saved. Your retirement date, income needs, pensions, government benefits, investments, withdrawals, taxes and longevity can all affect your retirement strategy.

Retirement Savings Calculator

Estimate how your current savings and future contributions may help support your retirement goals.

Retirement Savings Calculator →

Retirement Income Calculator

Explore how savings, withdrawals and assumed investment returns may affect how long your retirement savings could last.

Retirement Income Calculator →

RRSP vs. Mortgage Calculator

Compare the potential financial impact of contributing additional funds to an RRSP versus paying down your mortgage.

RRSP vs. Mortgage Calculator →

Explore Retirement Planning →

Insurance Planning

Insurance needs can change as your family, income, debts, business interests and financial responsibilities change. These tools can help provide a starting point for considering your protection needs.

Life Insurance Needs Calculator

Estimate how much life insurance may be appropriate based on income replacement, debts, family needs and other financial obligations.

Life Insurance Needs Calculator →

Critical Illness Needs Calculator

Explore the potential financial impact a serious illness could have on your income, savings and other financial obligations.

Critical Illness Needs Calculator →

Disability Income Needs Calculator

Estimate the amount of income protection you may require if an illness or injury prevents you from working.

Disability Income Needs Calculator →

Insurance Needs Analysis

Review several areas of your insurance needs as part of a broader financial-security assessment.

Insurance Needs Analysis →

Explore Insurance Solutions →

Mortgage & Debt

Small changes to interest rates, payment frequency and additional payments can make a significant difference to borrowing costs over time.

Mortgage Payment Calculator

Estimate mortgage payments based on the mortgage amount, interest rate and amortization period.

Mortgage Payment Calculator →

Mortgage Affordability Calculator

Estimate the mortgage amount you may be able to carry based on your financial circumstances.

Mortgage Affordability Calculator →

Mortgage Prepayment Calculator

See how increasing your payments or making additional payments could affect your mortgage balance, interest costs and amortization period.

Mortgage Prepayment Calculator →

Mortgage Refinancing Calculator

Compare the potential costs and savings associated with refinancing an existing mortgage.

Mortgage Refinancing Calculator →

Credit Card Payment Calculator

Explore how different payment amounts may affect the time and interest required to repay a credit card balance.

Credit Card Payment Calculator →

Business Planning

Business owners often have financial obligations that continue even when unexpected circumstances affect the owner or another key person.

Business Overhead Expense Calculator

Estimate ongoing business expenses that may need to be covered if an owner or key person is unable to work due to illness or injury.

Business Overhead Expense Calculator →

Explore Business Planning Solutions →

About These Calculators

Financial calculators are provided for general information and illustration purposes only. Results are estimates based on the information and assumptions entered and are not a guarantee of future results.

Some calculators are provided by third-party financial institutions, insurance companies or other organizations. Selecting these calculators may take you to an external website that is not operated or controlled by Macnaughton & Ward Financial Services Ltd. (MWFS).

Calculator results should not be considered financial, investment, insurance, tax or legal advice. Actual results may vary. Your MWFS Representative can help you review your circumstances and determine which strategies may be appropriate for you.

Numbers Are Only the Starting Point

A calculator can help illustrate a financial scenario, but financial planning involves more than numbers.

Your MWFS Representative can help you consider your savings, investments, insurance, retirement income, tax planning and other financial priorities together.

Talk to Your MWFS Representative →