RRSP Match Calculator

How much value will an RRSP matching program help my portfolio?

If you're making a yearly salary of

$80,000

and do a matchable RRSP contribution of

and your Employer matches

100%

of your contributions.

With your employer match, your total yearly RRSP contribution total is

$8,000

Without the employer match, however, the total is only

$4,000

This is equivalent to increasing your overall RRSP contribution to

10%

from your current contribution rate of 5%.

Alternatively, you can achieve this by increasing your contribution by another

$4,000

just to catch up.

Over time, this deficit can grow. And at an average interest rate of

and over a time range of

30 years

In 30 years, your contribution + employer match will grow to

$811,333

But without an employer match, it will only grow to

$405,666

Income & Pay Raise Tax Calculator

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Maximum TFSA Contribution Room Calculator

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Monthly Dividend Calculator

How many dividend paying stocks should I own to get a specific monthly income?