Investments
An investment is a return, a horizon and a fee.
TFSA, RRSP, FHSA or GIC: the posted return is not the one you keep. Look at the horizon, the tax treatment and the fees before you pick the account.
Calculators
Future value$51,721
Total contributed$40,000
Interest earned$11,721
For information only — not an approval, and not a rate offer.
Value at maturity$28,165
Total interest$3,165
Per rung$5,000One rung matures each year.
For information only — not an approval, and not a rate offer.
Future value$251,020
In today's dollars$168,930What that sum will actually buy, after inflation.
Total contributed$116,000
Growth$135,020
For information only — not an approval, and not a rate offer.
Cost of fees$141,220What the fees take out of the return, over the whole horizon.
Net value$289,927
Value with no fees$431,147
Share of return lost48.5%
For information only — not an approval, and not a rate offer.