RDSP Calculator: Your Path to Maximizing Financial Support for the Future
The Registered Disability Savings Plan (RDSP) is a powerful tool designed to help Canadians with disabilities save for the future. But understanding how your contributions, growth, and withdrawals come together to shape your future savings can be complex. That’s where the RDSP Calculator steps in.
Helping Canadians with disabilities save for the future.
With government grants, tax-deferred growth, and a unique structure for long-term savings, the RDSP can be a game-changer in providing financial stability. This RDSP calculator estimates the growth of your RDSP by considering several key factors:
RDSP Calculator is also available in French
Contribution Amounts: Regular contributions are crucial for building your RDSP. The calculator allows you to input how much you plan to contribute, so you can visualize how those contributions accumulate over time.
Rate of Return: The calculator takes into account the assumed rate of return on your investments, helping you understand how your savings could grow based on different investment strategies. Whether you’re more conservative or aggressive with your portfolio, the tool adjusts to reflect that.
Government Grants: One of the unique advantages of the RDSP is the government contributions. Depending on your income and the contributions made, the government may match a portion of your deposits through the Canada Disability Savings Grant and the Canada Disability Savings Bond. The RDSP calculator helps you see exactly how much additional funding you could receive, which is often the key to rapidly boosting your savings.
Withdrawals: Planning for withdrawals is just as important as building up your savings. The RDSP Calculator helps you estimate the value of future withdrawals, giving you a clearer picture of how your savings will provide income throughout your retirement or long-term care.
Calculators are available in English and French.
For financial professionals, sharing the RDSP Calculator with your clients is a smart strategy for fostering trust, engagement, and personalized advice. It’s a tool that empowers your clients to visualize their future, helping them see how contributions, government grants, and their investment choices all work together.
By integrating the RDSP into your clients’ financial plans, you’re not only helping them save but also ensuring they take full advantage of government programs designed to support them. The calculator makes it easy to forecast the future value of their RDSP, which can influence key decisions like the amount of contributions they make or how they structure their portfolio. It’s a proactive way to help clients make informed, intentional decisions.
Sharing this tool strengthens your role as a trusted advisor who’s committed to personalized solutions and positive outcomes. It gives your clients a tangible way to see the potential of the RDSP, ensuring they feel confident in the strategy you’re creating for them. By offering the RDSP Calculator, you’re not just helping clients plan for their financial future—you’re giving them the knowledge they need to build it with purpose.
The calculator can be viewed for free up to five (5) times on this site.
To use the full-featured versions of these calculators in FreshPlan, please contact us.
The Registered Disability Savings Plan is a long-term savings plan to help Canadians with disabilities and their families save for the future. This RDSP Infographic illustrates how the program works, terms about eligibility and considerations. It’s a perfect companion to the RDSP calculator.
Consumer-facing
These consumer-facing financial calculators can be embedded in your web site quickly and easily and complies with web accessibility standards.
Responsive
Calculators are easy-to-use and fully responsive on any device – phone, tablet, laptop or desktop.
Full Branding
Calculators can be fully branded according to your branding style guide. You’ll be up and running with a quick turnaround.