Henley Financial & Wealth Management Inc. have put together a list of common calculators with help from our trusted carriers and friends in the industry to provide answers to questions that are often asked of us... please look through the following tools which provide answers for Term Insurance, Retirement, RESP Investments, RRSP Investments, CPP and OAS, and many other tools that will help you navigate you future Family Security ... Contact us with any questions you may have.
Post-Retirement Tools: Investment Recovery Will I have enough money? "Ballpark" your retirement income return from a market correction. RRIF Calculator Build your RRIF withdrawal strategy. OAS Claw-Back CalculatorHow much will the Government claw-back your Old Age Security pension?
General Retirement Tools: Annuity Calculator for a Retirement Age Range Estimate how much lifetime monthly income a lump-sum will provide or how much it will cost to provide a specific monthly income for a range of possible retirement ages. Life Expectancy Calculator Get a sense of your longevity.
Investment Tools: Tax Free Savings Account How do savings grow in a Tax Free Savings Account (TFSA) compared to a regular unregistered savings or investment account? RSP Calculator How much will I have for my retirement based on my deposits and savings
Family/Budgeting Tools: Mortgage vs RRSP Is paying down the mortgage better than investing in an RRSP? Budget Create your pre- or post-retirement budget. Mortgage Calculator Determine monthly mortgage payments.
Other Financial Tools: Present & Future Value Calculators How much is a future amount worth today? How much is an amount today worth in the future?