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

SIMPLE IRA

SIMPLE IRA — small business, employer match up to 3%

Annual limit: $16,000

Your contributions

Typical: 5-8%

Employer match

e.g. 50 = 50% match

e.g. 6 = first 6%

VerifiedAdvisorsHub · SIMPLE IRA Projector

Your SIMPLE IRA Projection

Projection

At end of contributions

$1,436,358

Year 30

After-tax spendable

$1,077,268

After 25% tax

Balance over time

Accumulation
Preservation
Distribution
Your contributions$370,000
Employer match+$72,000
Investment growth+$994,358
Peak balance$2,248,823
Total tax paid over lifetime$258,000
Lifetime net withdrawals$1,125,000

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

About the SIMPLE IRA

🇺🇸USA

Small-business retirement plan with mandatory employer match and simpler administration than 401(k).

At a glance

2024 limit$16,000 ($19,500 age 50+)
Employer match3% matching or 2% non-elective contribution
Lower limitsSignificantly less room than 401(k)

Best for

  • Small businesses (< 100 employees) wanting simpler administration than 401(k)
  • Businesses where a dollar-for-dollar 3% match is sustainable

Watch out for

  • 25% early withdrawal penalty in the first 2 years (vs 10% normal)
  • 2-year lockout on rollovers to other retirement accounts
  • Employer contributions are mandatory — budget carefully

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.