Investment Account Projector

Model any registered or tax-advantaged account in Canada or the United States — accumulation, preservation, and distribution in one projection.

Account type

Canada

United States

RESP

Registered Education Savings Plan

Lifetime limit: $50,000

Your contributions

0

Typical: 5-8%

Government grant included

CESG grants (20% match, up to $500/yr, $7,200 lifetime) are auto-applied.

VerifiedAdvisorsHub · RESP Projector

Your RESP Projection

Projection

At end of contributions

$351,968

Year 30

After-tax spendable

$351,968

Tax-free

Balance over time

Accumulation
Preservation
Distribution
Your contributions$50,000
Government grants+$2,000
Investment growth+$299,968
Peak balance$461,570
Total tax paid over lifetime$0
Lifetime net withdrawals$600,000

A verified advisor can optimize your contribution strategy and tax treatment.

About the RESP

🇨🇦Canada

Tax-free growth plus a 20% government grant (CESG) for your child's education.

At a glance

Lifetime limit per child$50,000 in contributions
CESG grant20% match on first $2,500/yr; $7,200 lifetime max
Withdrawal taxEAPs taxed to the student (usually minimal)

Best for

  • Parents of children pursuing post-secondary education
  • Grandparents contributing for grandkids (with subscriber coordination)
  • Low-income families eligible for additional CESG + the Canada Learning Bond

Watch out for

  • Contribute at least $2,500/year — missed CESG is permanent
  • If unused for education, CESG returns to government; growth is taxed + 20% penalty
  • Family plans offer flexibility but have their own administrative rules

This is educational, not financial advice. An advisor can apply it to your specific situation.

About this tool

This calculator runs a three-phase simulation: accumulation (working years with contributions and growth), preservation (wind-down near retirement with a conservative return), and distribution (retirement withdrawals).

Account-specific features are included automatically: employer match for 401(k) plans, CESG grants for RESP, CDSG grants for RDSP, tax-free growth for TFSA/Roth accounts, tax-deferred growth for RRSP/traditional accounts, and capital-gains treatment for brokerage accounts.

Projections assume constant returns and don't model sequence-of-return risk, inflation (unless toggled), or tax-law changes. A licensed advisor can run stochastic simulations and build a comprehensive retirement plan.